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These are 2 separate questions During 2018, ABC had the following cash flows: received cash of $5,000 billed to a customer in 2017; earned $20,000

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During 2018, ABC had the following cash flows: received cash of $5,000 billed to a customer in 2017; earned $20,000 of net income; paid interest of $6,000 on a corporate bond issued; paid dividends of $8,000 to its stockholders; borrowed $40,000 from a local bank; purchased its own shares of common stock for $10,000. What is ABC's net cash flows from financing activities for 2018? Numeric Response Sales revenue $350,000 Accounts receivable $280,000 Ending inventory $230,000 Cost of goods sold $180,000 Sales returns $50,000 Sales Discount $20,000 Given the information in the above table, what is the company's gross profit? Numeric Response

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