Question
What is the net cash flows from operating activities 25. The following information relates to the Acme Corporation for the year ending December 31, 2019.
What is the net cash flows from operating activities
25. The following information relates to the Acme Corporation for the year ending December 31, 2019. Net Income Depreciation Expense Amortization of Intangible Assets Loss on sale of assets Beginning Accounts Receivable Ending Accounts Receivable Beginning Inventory Ending Inventory Beginning Prepaid Expenses Ending Prepaid Expenses Beginning Accounts Payable Ending Accounts Payable Purchase of Long-Term Assets for Cash Cash from Issuance of Long-Term Debt Issuance of Stock for Cash Purchase of Treasury Stock Sale of Long-Term Assets at Cost Cash Dividends 500,000 60,000 15,000 5,000 450,000 430,000 390,000 400,000 30,000 38,000 1 10,ooo 95,000 300,000 125,000 80,000 40,000 65,000 20,000 What is the net cash flows from operating activities?
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