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QUESTION 12 You gather the following info about a company: Income Statement for the year 20x5 Sales $1500 Expenses COGS $1300 Depreciation 20 Goodwill 10

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QUESTION 12 You gather the following info about a company: Income Statement for the year 20x5 Sales $1500 Expenses COGS $1300 Depreciation 20 Goodwill 10 Interest Expense 40 Total Expenses $1370 Income from Continuing Operations 130 Gain on Sale 30 Income before Tax 160 Income Tax 64 Net Income 596 Additional information: 30 Dividends Paid Common stock sold Equipment Purchased Ronds und 20 50 80 20 50 80 Additional information: Dividends Paid Common stock sold Equipment Purchased Bonds issued Fixed asset sold for: (original cost of 5100 with accumulated depreciation of 570) Accounts Receivable decreased by: 30 Inventory decreased by 20 Accounts payable increased by Wages payable decreased by 60 20 10 What is the cash flow from investing? 580 $130 520 $10

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