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On Jan 1 2012 East company had assests of $500 liabilites of $200 and common stock of $100. During 2012 the company experienced the following
On Jan 1 2012 East company had assests of $500 liabilites of $200 and common stock of $100. During 2012 the company experienced the following series.
Earned cash of revenue of $400
Incurred cash expenses of $250
Paid Cash dividends of $100
The amount of net cash flow from operating activites reported on east companys december 31 2012 state of cash flows would be
a.500
b.150
c.250
d.none of the above
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