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The net profit of a Company is USD 5m, depreciation is USD 1m and the change in gross block is USD 10m. Only based on
The net profit of a Company is USD 5m, depreciation is USD 1m and the change in gross block is USD 10m. Only based on the above information, what is the cash increase/ decrease for this year?
a.USD (5m)
b.USD (6m)
c.USD (4m)
d.USD (10m)
MUST SHOW WORK!!! Please show calculations on answers.
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