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Question 25 0 out of 2 points The 2015 net income of Theon Corp. was $600,000 including the depreciation expense of $200,000. During the year
Question 25 0 out of 2 points The 2015 net income of Theon Corp. was $600,000 including the depreciation expense of $200,000. During the year Theon purchased equipment at a cost of 2015, Theon received $500,000 from an issue of common stock. Theon's cash flow from financing activities is $[a] net cash [b] The first blank is for a dollar amount. Do not use the $ sign or decimals in your answer. Commas are ok. X $300,000 and sold land for $200,000 with a gain of $150,000. On July 1, 2015, Theon paid off $400,000 in loans from Yara First National Bank. In October Use the following abbreviations for the second blank: I for inflow O for outflow Specified Answer for: a [None Given] Specified Answer for: b [None Given] Correct Answers for: a Evaluation Method Exact Match Exact Match Correct Answers for: b Evaluation Method Exact Match Exact Match Correct Answer 100,000 100000 Case Sensitivity Correct Answer Case Sensitivity Inflow
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