The following information was obtained from Galena Company's comparative balance sheets. Assume that Galena Company's 2018 income

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The following information was obtained from Galena Company's comparative balance sheets. Assume that Galena Company's 2018 income statement showed depreciation expense of $8,000. again on sale of investments of $9,000, and net income of $45,000. Calculate the net cash flow from operating activities using the indirect method.

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Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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