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Stevenson Company Reported a Net Loss of $23,000 During the Year

question 39

Multiple Choice

Stevenson Company reported a net loss of $23,000 during the year. Comparing beginning and ending balances, you determine the following: (1) accounts receivable increased by $8,000; and (2) accrued expenses payable increased by $5,000. What was the amount of cash used in operating activities during the year?


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