The net income for Letterman AG for 2019 was 320,000. During 2019, depreciation on plant assets was

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The net income for Letterman AG for 2019 was €320,000. During 2019, depreciation on plant assets was €124,000, amortization of patent was €40,000, and the company incurred a loss on sale of plant assets of €21,000. Compute net cash flow from operating activities.
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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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