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Use the information below to answer the following questions : Sanad Inc. Balance Sheets For the Years Ended 2014 and 2015 2015 2014 $ 800

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Use the information below to answer the following questions : Sanad Inc. Balance Sheets For the Years Ended 2014 and 2015 2015 2014 $ 800 200 1.200 2.000 $ 600 200 1,000 1.800 2,800 NO $2.000 $5.00 3,000 1. $2,000 $6.200 Assets Cash Marketable securities Accounts receivable Inventories Gross fixed assets Less Accumulated Depreciation Net fixed assets Totalanes Liabilities Accounts payable Notes payable Accruals Long-term debt Stockholders equity Common stock at par Paid-in capital in excess of par Retained earnings Total liabilities and equity Net profits after tanes for 2015 $150.00 200 NO 100 2,000 100 900 100 1,500 500 2.000 500 2.000 400 $6.200 $5,600 6. The net cash flow from the three - activities is Choose... Choose the Correct Answer 3. Nuqol Paper purchased several types of equipment at a total cost of $300,000. The installation cost for this machine was $25,000. The firm plans to depreciate the equipment using the MACRS 5-year recovery period. use depreciation table page 166 to calculate accumulated depreciation at the end of the machine useful life

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