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Question 1 The following information should be used according to the provisions of GAAP (Statement of Cash flows) and using the following data. Net income
Question 1 The following information should be used according to the provisions of GAAP (Statement of Cash flows) and using the following data. Net income Amortization of goodwill Decrease in accounts receivable Increase in inventory Purchase of marketable securities Sale of land for $10,000 gain Depreciation expense Repayment of debt Payment of dividend Interest payment $80,000 2,000 2,000 3,000 13,000 11,000 4,000 8,000 3,000 2.000 Required a) What is net cash flow from operations? b) What is net cash flow from investing? c) What is net cash flow from financing? d) What is change in cash
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