Question
Kela Corporation reports net income of $520,000 that includes depreciation expense of $71,000. Also, cash of $60,000 was borrowed on a 6-year note payable. Based
Kela Corporation reports net income of $520,000 that includes depreciation expense of $71,000. Also, cash of $60,000 was borrowed on a 6-year note payable. Based on this data, total cash inflows from operating activities are:
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Financial Accounting An International Introduction
Authors: David Alexander, Christopher Nobes
3rd Edition
273709268, 273709267, 978-0273709268
