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Information from Zurich companys income statement is as follows: net income $15,600, depreciation expense $11,800; gain on sale of equipment $3,000; proceeds from the sale
Information from Zurich companys income statement is as follows: net income $15,600, depreciation expense $11,800; gain on sale of equipment $3,000; proceeds from the sale of land $22,000. The net cash provided by operating activities is:
A. 15,600
B. 6,800
C. 24,400
D. 46,400
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Cornerstones of Managerial Accounting
Authors: Mowen, Hansen, Heitger
3rd Edition
324660138, 978-0324660135
