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During 2020, Acadia, Incorporated, earned net income of $410,000. The firm increased its accounts receivable during the year by $135,000. The book value of
During 2020, Acadia, Incorporated, earned net income of $410,000. The firm increased its accounts receivable during the year by $135,000. The book value of its assets declined by an amount equal to the year's depreciation charge, or $111,000, and the market value of its assets increased by $23,000. Based only on this information, how much cash did Acadia generate during the year? Please ignore taxes for this problem. Note: Negative amounts should be indicated by parentheses. Enter your answers in millions. Accounting income Depreciation (a non-cash charge) Increase in accounts receivable Cash generated
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