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(Solved): Skysong, Inc. Reported A Net Loss Of $12300 For The Year Ended December 31, 2022. During The Year, A...


Skysong, Inc. reported a net loss of $12300 for the year ended December 31, 2022. During the year, accounts receivable decrea

Skysong, Inc. reported a net loss of $12300 for the year ended December 31, 2022. During the year, accounts receivable decreased $6150, inventory increased $9840, accounts payable increased by $12300, and depreciation expense of $7380 was recorded. During 2022, operating activities provided net cash of $8610. provided net cash of $3690. used net cash of $8610. used net cash of $3690.


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Solution: The answer is provided net cash of $ 3,690. Given data: Net loss = $ 12,300 Accounts receivable decreased = $ 6,150
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