It produces its candy and sells it to distributors in may, Financial Accounting

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It produces its candy and sells it to distributors in may

Candy Canes, Inc., spends $163,000 to buy sugar and peppermint in April. It produces its candy and sells it to distributors in May for $220,000, but it does not receive payment until June. For each month, find the firm's sales, net income, and net cash flow. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign.)

Candy Canes, Inc.
	April	May	June
Sales	mce_markernbsp;	mce_markernbsp;	mce_markernbsp;
Net income
Net cash flow

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Financial Accounting: It produces its candy and sells it to distributors in may

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Financial Accounting: It produces its candy and sells it to distributors in may

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