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Napier Co. provided the following information on selected transactions during 2011: The net cash provided (used) by investing activities during 2011 is a. $50,000 b.

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Napier Co. provided the following information on selected transactions during 2011: The net cash provided (used) by investing activities during 2011 is a. $50,000 b. $(300,000) c. (50,000). d. $(1, 250,000). The net cash provided by financing activities during 2011 is a. $250,000. b. $650,000. c. $800,000. d. $150,000. When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is added to net income to compute cash provided by/used by operating activities? a. Amortization of patent. b. Gain on sale of land. c. Increase in accounts receivable. d. All of the above are added to net income to arrive at cash flow from operating activities

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