Question: 7) A-2 Ads most recent income statement shows that net income was $42,000, depreciation was $100,000, and taxes were $28,000. What was A-2 Ads net

7) A-2 Ads most recent income statement shows that net income was $42,000, depreciation was $100,000, and taxes were $28,000. What was A-2 Ads net cash flow?

9) Credit Card of America (CCA) has a current ratio of 3.5 and a quick ratio of 3.0. If its total current assets equal $73,500, what are CCAs

(a) current liabilities

(b) inventory?

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