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Mississauga Mining Co. made a net income of $20 million in 2007, after the deduction of amortization expense of $8 million, interest of $5 million
Mississauga Mining Co. made a net income of $20 million in 2007, after the deduction of amortization expense of $8 million, interest of $5 million and taxes of $10 million. During 2007, it sold mining equipment for $2 million and bought a new computer system for $3 million. During 2007, it issued new shares for $15 million and used the proceeds to repay loans of $10 million; the remainder went into the bank's current account. The change in cash was $32 million increase $5 million decrease $37 million increase $25 million increase $21 million increase
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