Question: In 2017 Anyox Ltd Anyox reported net income of 200 000

In 2017, Anyox Ltd. (Anyox) reported net income of $200,000. All revenues and expenses were in cash, except for a $30,000 depreciation expense.

a. Calculate cash from operations for Anyox in 2017.
b. Suppose that instead of a $30,000 depreciation expense in 2017, Anyox expensed $44,000 for depreciation. Assume that all other revenues and expenses remained the same. What would Anyox's net income be in 2017? What would its cash from operations be in 2017? Explain the reasons for any differences or similarities in your answer for when the depreciation expense was $30,000 and when it was $44,000.

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  • CreatedFebruary 26, 2015
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