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The following data are available for Springer Corporation. $300,000 60,000 90,000 15,000 30,000 45,000 Net income Depreciation expense Dividends paid Gain on sale of land

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The following data are available for Springer Corporation. $300,000 60,000 90,000 15,000 30,000 45,000 Net income Depreciation expense Dividends paid Gain on sale of land Decrease in accounts receivable Decrease in accounts payable Net cash provided by operating activities is: A) $240,000. B) $330,000. C) $360,000. D) $420,000. 7. Short-term creditors are usually most interested in evaluating A) solvency B) liquidity C) marketability D) profitability Page 2

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