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A company reported net income of $200.000 during 2019. The company reported depreciation expense of $35.000. patent amortization expense of $10,000 and a $5,000 loss
A company reported net income of $200.000 during 2019. The company reported depreciation expense of $35.000. patent amortization expense of $10,000 and a $5,000 loss on the sale of equipment. Using the indirect method, how much is the company's net cash flow from operating activities? $250.000 $245.000 $240.000 $235.000
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Advanced Financial Reporting And Analysis
Authors: John Dunn, Margaret Stewart
1st Edition
0470973609, 9780470973608
