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The following information was obtained from Caterpillar's comparative balance sheets. Assume that Caterpillar's 2017 income statement showed depreciation expense of $4.000 and a net income

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The following information was obtained from Caterpillar's comparative balance sheets. Assume that Caterpillar's 2017 income statement showed depreciation expense of $4.000 and a net income of $50,000. Points out of P Flag Caterpillar Comparative Balance Sheets Accounts Accounts receivable Long-term investments Dec. 31, 2017 $ 20,000 $ 40,000 $50,000 $ 5,000 $ 20,000 $ 150,000 $ 50,000 $ 25,000 $ 5,000 $ 121,000 $ 84,000 Dec. 31, 2016 $ 10,000 $ 37,000 $ 45,000 $7,000 $ 34,000 $ 100,000 $ 46,000 $ 20,000 $ 6,000 $ 100,000 $ 61,000 Accumulated depreciation Accounts payable Income tax payable Common stock Retained earnings Calculate the net cash flow from operating activities using the indirect method. (If you cannot see the table above please email me during the exam and I will forward it to you.) Select one: . $52,000. b. 548,000. 4. $46,000 d. 544000 Alex Company had the following information for the year ended December 31, 2016: Question 16 Not yet answered Points out of 3.34 Net income $720,000 P Flag question Increase in accounts payable Increase in accounts receivable Depreciation Expense 74.000 64,000 88,000 What is the cash flow from operating activities for the year ended December 31, 2016? Select one: ola. $494,000 O b. $946,000. c. $818,000. o d. 5730,000

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