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Required information The following information applies to the questions displayed below.] Suppose your company sells services of $250 in exchange for $170 cash and $80
Required information The following information applies to the questions displayed below.] Suppose your company sells services of $250 in exchange for $170 cash and $80 on account. Depreciation of $100 relating to equipment also is recorded. 2. Calculate the amount that should be reported as net cash flow from operating activities. 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requirement 2). Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 4 Calculate the amount that should be reported as net cash flow from operating activities. K Required 2 Required 3 [The following information applies to the questions displayed Suppose your company sells services of $250 in exchange for relating to equipment also is recorded. 2. Calculate the amount that should be reported as net cash flow fr 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would convert net income (require Complete this question by entering your answers in the tabs! Required 2 Required 3 Required 4 Calculate the amount that should be reported as net income. Net Income
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