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uestion 90 (1 point) Over the past year Company X experienced the following: raised $150,000 issuing new common shares; had a net income of $200,000;
uestion 90 (1 point) Over the past year Company "X" experienced the following: raised $150,000 issuing new common shares; had a net income of $200,000; bought $600,0 new equipment; had depreciation of $50,000; reduced inventories by $100 borrowed $110,000 from the bank; sold old equipment for $40,000. For the Company "X" raised from Financing Activities the following amount of cash: $0 ($250,000) $260,000 $250,000
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