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ABC reports periodic profit of 400. This profit is after deducting 100 in depreciation and amortisation expense. It also reports cash from operating activities of
ABC reports periodic profit of 400. This profit is after deducting 100 in depreciation and amortisation expense. It also reports cash from operating activities of 700. If its depreciation and amortisation expense was 120 instead, how much would it have reported as cash from operations? Select one:
a. None of the other answers is correct
b. 500
c. 520
d. 720
e. 700
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