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Which of the following options is correct? (please specify correct option in your answer) Derrald Company's financial statements show the following items: Sales $200,000 Wage
Which of the following options is correct? (please specify correct option in your answer)
Derrald Company's financial statements show the following items: Sales $200,000 Wage expense 80,000 Accounts receivable increase 36,000 Loss on sale of equipment 13,000 Rent revenue 50,000 Cash collected for rent 72,000 Dividends (declared and paid) 40,000 Cash paid for wages 54,000 Depreciation expense 25,000 Derrald has no other revenues or expenses. What is Derrald's net cash flow from operating activities? $138,000 $207,000 $182,000 $220,000 $250,000 $142,000 $195,000 $162,000Step by Step Solution
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