Use the following information to calculate the net cash provided (inflow) or used by (outflow) from...
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Use the following information to calculate the net cash provided (inflow) or used by (outflow) from operating activities for the STAR Corporation: (a) Net income, $50,000 (b) Depreciation and amortization $12,000 (c) Loss on sale of equipment $2,000 (d) Gain on selling investments $26,000 (e) Increase in accounts receivable $6,000 (f) Increase in Accounts payable $2,500 (g) Issuance of common stock $ 60,000 (Note: in the answer space, write only the number, with no $ signs or commas. That is, if your answer is $1,000, white it as : 1000). Answer: Use the following information to calculate the net cash provided (inflow) or used by (outflow) from operating activities for the STAR Corporation: (a) Net income, $50,000 (b) Depreciation and amortization $12,000 (c) Loss on sale of equipment $2,000 (d) Gain on selling investments $26,000 (e) Increase in accounts receivable $6,000 (f) Increase in Accounts payable $2,500 (g) Issuance of common stock $ 60,000 (Note: in the answer space, write only the number, with no $ signs or commas. That is, if your answer is $1,000, white it as : 1000). Answer:
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