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New, Inc. reported 2018 depreciation of 2,000,000. Part of New, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars). Calculate the
New, Inc. reported 2018 depreciation of 2,000,000. Part of New, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars). Calculate the 2018 net cash flow from investing activities for New, Inc.
New, Inc. reported 2018 depreciation of $2,000,000. Part of New, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars). 2018 2017 2018 2017 Fixed assets: Gross Plant and Equipment -Accumulated Depreciation Net plant and Equipment $ $ 20 -8 $ 12 $ 15 -6 $ 9 Liabilities: Accounts payable Notes Payable Long-Term debt Total Debt 6 3 $ 5 2. 6 4 $ 13 $ 13 Calculate the 2018 net cash flow from investing activities for New, Inc. (Enter your answer in dollars not in millions.)Step by Step Solution
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