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    Exam 9: Preparing and Analyzing the Statement of Cash Flows
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    Team Shirts,Inc
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Team Shirts,Inc

Question 135

Question 135

Multiple Choice

Team Shirts,Inc.collected $16,000 from accounts receivable,paid $10,000 of its accounts payable and paid $1,000 in interest.The amount of net cash from (or used) for OPERATING activities is ________.


A) $5,000
B) $6,000
C) $(5,000)
D) $(6,000)

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