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Cash Flow Statement Preparation and Cash Flow from Operations Calculation: GHI Company provides the following financial information: Net Income: $200,000 Depreciation Expense: $50,000 Increase in
Cash Flow Statement Preparation and Cash Flow from Operations Calculation:
GHI Company provides the following financial information:
- Net Income: $200,000
- Depreciation Expense: $50,000
- Increase in Accounts Receivable: $30,000
- Decrease in Accounts Payable: $20,000
- Interest Paid: $10,000
Prepare a cash flow statement for GHI Company and calculate the cash flow from operations.
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