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Using the information in the statements is from for Year 2 what is net cash flow from investing activities? Balance Sheets for the Years Ending
Using the information in the statements is from for Year 2 what is net cash flow from investing activities?
Balance Sheets for the Years Ending December 31, Year 1, Year 2, Year 3 and Year 4 Cash Accounts receivable Inventories Current assets Net fixed assets Total aasets Notes payable Accounts payable Accruals Current portion of LT Debt Current liabilities Long-term debt Common stock Additional paid-in capital Retained earnings Total liabilities and equity Year 1 6,000 59,200 104,600 169,800 388,600 558,400 12,000 62,200 8,500 10,200 92,900 185,900 62,900 129,900 86,800 558,400 Selected Income Statement Data for Genoda, Inc. Sales (as recorded on the Year 1 income statement): Net income (as recorded on the Year 1 income statement): Depreciation (as recorded on the Year 1 income statement): Sales (as recorded on the Year 2 income statement): Net income (as recorded on the Year 2 income statement): Depreciation (as recorded on the Year 2 income statement): Sales (as recorded on the Year 3 income statement): Net income (as recorded on the Year 3 income statement): Depreciation (as recorded on the Year 3 income statement): Sales (as recorded on the Year 4 income statement): Net income (as recorded on the Year 4 income statement): Year 2 9,000 72,800 95,200 177,000 402 500 579,500 8,600 60,500 9,600 9,200 87,900 195,800 68,200 138,500 89,100 579,500 1,436,900 18,400 9,200 1,520,400 35,400 24,600 1,436,900 18,400 9,200 1,520,400 35.400 Year 3 8,000 49,500 102,100 159,600 452,300 611,900 9,200 64,900 7,500 12,400 94,000 202,800 64,800 132,500 117,800 611,900 Year 4 12,000 68,900 98,400 179,300 476,200 655,500 8,900 76,200 7,100 11,300 103,500 195,600 86,200 153,900 116,300 655,500 O-36,900 O-37,600 O None of the answers in this list is within $100 of the correct answer. O-35,100 O-38,500Step by Step Solution
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