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Help me please Question 4: A company had a $51 000 net loss for 2019. A dividend of $19 000 was paid during the year
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Question 4: A company had a $51 000 net loss for 2019. A dividend of $19 000 was paid during the year and depreciation expense for 2019 was $14 000. The balance sheet records the following working capital accounts as below. Calculate whether this company generated any cash from its operations during 2019. (10 Marks) Cash Inventory Prepayments Accounts Receivable Accounts Payable Accruals 1 January 2019($) 12500 15000 5000 11000 10000 7000 31 December 2019_($) 10500 9000 2000 15000 11000 8000Step by Step Solution
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