Bonita Inc had the following activity last year: Sales $ Bonita Inc had the following activity last

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Bonita Inc had the following activity last year: Sales $

Bonita Inc had the following activity last year: Sales $305000; Cost of goods sold $174000; Depreciation expense $30000; other selling and administrative expenses $90000; income tax expense $2600. What was the estimated net cash flow for the year?

$38400
$8400
$41000
$11000. $8400 is not the right answer

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Core Concepts of Accounting

ISBN: 978-0470499474

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Authors: Cecily A. Raiborn

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Posted Date: Feb 09, 2022 10:23 PM

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Bonita Inc had the following activity last year: Sales $ Bonita Inc had the following activity last

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Bonita Inc had the following activity last year: Sales $

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A 1 Particulars Amount 2 Sales 2 305000 3 Less Cost of g... View the full answer

Core Concepts of Accounting

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