Flint Company purchased $4,000 of merchandise on account. Flint sold the merchandise to a customer for $7,000 cash. | Cheap Nursing Papers
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Flint Company purchased $4,000 of merchandise on account. Flint sold the merchandise to a customer for $7,000 cash.

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Flint Company purchased $4,000 of merchandise on account. Flint sold the merchandise to a customer for $7,000 cash. What is the increase in gross margin and the net change in cash flow from operating activities as a result of these transactions?

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