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Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions:
1) issued stock for $40,000
2) borrowed $25,000 from its bank
3) provided consulting services for $39,000
4) paid back $15,000 of the bank loan
5) paid rent expense for $9,000
6) purchased equipment costing $12,000
7) paid $3,000 dividends to stockholders
8) paid employees' salaries, $21,000
-What is Yowell's net cash flow from operating activities?
Resource Maturity Stage
A phase in the lifecycle of resources where they have reached their peak in terms of production or yield.
Consolidate
To combine multiple elements into a single, more effective or coherent whole, especially financial debts or assets.
Control Finances
Managing and regulating one's financial activities or the financial activities of an organization to ensure stability and growth.
NFIB Survey
A research tool used by the National Federation of Independent Business to collect data on small business trends and sentiments.
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