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Nosepass Co. had retained earnings of $400,000 and cash $50,000 on January 1st. It made a net income of $300,000 in the year. Amortization expense
Nosepass Co. had retained earnings of $400,000 and cash $50,000 on January 1st. It made a net income of $300,000 in the year. Amortization expense was $250,000. Suppose there is no change in non-cash working capital, the net cash flow from operations was Select one: O a $ 50,000 O b. $250,000 O c. $350,000 O d. $550,000
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