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The following information relates to Jelsa Corporation for last year: Net Income $64,000 Net decrease in all current assets except cash 7,000 Net Increase in
The following information relates to Jelsa Corporation for last year: Net Income $64,000 Net decrease in all current assets except cash 7,000 Net Increase in current liabilities 16,000 Dividends paid on common stock 10,000 Depreciation expense 8,000 Loss on sale of machinery 5,000 What is Jelsa's net cash provided by operating activities for last year of the statement of cash flows: Multiple Choice $54,000 $58,000 $68,000 $100,000
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