Question: ANS: A PTS: 1 REF: 8.1 OBJ: TYPE: fact retention 8. Over the prior year a proposed project will result in an increase in gross

ANS: A PTS: 1 REF: 8.1 OBJ: TYPE: fact retention 8. Over the prior year a proposed project will result in an increase in gross fixed assets of $5,000, an increase in inventories of $10,000, an operating cash flow of $26,000, and a depreciation expense of $4,000. Given this information, the net cash flow was

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