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accounting questions The following information is related to Alpha Company's fiscal year 2017 Income Statement: Net Income $3,000,000 500,000 epreciation Expense Gain on Sale of
accounting questions
The following information is related to Alpha Company's fiscal year 2017 Income Statement: Net Income $3,000,000 500,000 epreciation Expense Gain on Sale of Plant Assets Interest Expense 50,000 5,000 Balance Sheet 12/31/17: Increase (Decrease) ($40,000) Accounts Payable Plant Assets - Purchased 275,000 Plant Assets - Disposals(100,000) Additional Information: Common Stock exchanged for outstanding Long Term Notes Payable of $125,000 Dividends paid were S30,000 Use this information to determine Alpha Company's Net Cash Flows from Investing Activities. If the amount is an outflow then enclose the amount with dollar sign inside of brackets O: The following information is related to Alpha Company's fiscal year 2017 Income Statement: $3,000,000 500,000 Net Income epreciation Expense Gain on Sale of Plant Assets Interest Expense 50,000 5,000 Balance Sheet 12/31/17: Increase (Decrease) ($40,000) Accounts Payable Plant Assets - Purchased 250,000 Plant Assets - Disposals(100,000) Additional Information: Common Stock exchanged for outstanding Long Term Notes Payable of $145,000 Dividends paid were S25,000 Use this information to determine Alpha Company's Net Cash Flows from Financing Activities. If thStep by Step Solution
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