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Using the data in the tables below, compute Net Cash Flow from Operating Activities for Eureka Ruby, Inc. for Year 2 : Additional Data from
Using the data in the tables below, compute Net Cash Flow from Operating Activities for Eureka Ruby, Inc. for Year 2:
Additional Data from Company Income Statement(s):
- Sales in Year 2 = 5,185,000
- Net income in Year 2 = 51,920
- Depreciation expense in Year 1 = 256,730
- Depreciation expense in Year 2 = 281,460
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