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Q7. Exercise 4-11 Determinine cash from onerations and reconciling with accrual net income (L04-5, L04-8) The following information was taken from the 2017 financial statements

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Q7. Exercise 4-11 Determinine cash from onerations and reconciling with accrual net income (L04-5, L04-8) The following information was taken from the 2017 financial statements of Zurich Corporation, a maker of fine Swiss watches: Net income S(200,000) Depreciation 50,000 Increase (decrease) in Accounts receivable (140,000) Inventories 25,000 Other current assets 10,000 Accounts payable 120,000 Accrued payables (25,000) Interest payable 50,000 Required: 1. Calculate Zurich's cash flow from operating activities for 2017. (If the cash flow amount is negative, enter your answer with a minus sign.)

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