Question
The net income for Fallon Company for 2017 was $320,000. During 2017, depreciation on plant assets was $124,000, amortization of patent was $40,000, and the
The net income for Fallon Company for 2017 was $320,000. During 2017, depreciation on plant assets was $124,000, amortization of patent was $40,000, and the company incurred a loss on sale of plant assets of $21,000. Compute net cash flow from operating activities.
| Net cash flow? |
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
2nd Edition
0030452961, 978-0030452963
