Question: please answer both questions question 11 last option is $4,800 Jean-Claude Van Man Ltd. produces and sells vans. For the year ended June 30, 2022,
Jean-Claude Van Man Ltd. produces and sells vans. For the year ended June 30, 2022, the company reported $80,000 cash provided by operating activities, $18,000 by investing activities, and $49,000 by financing activities. Jean-Claude Van Man paid $20,000 in dividends and spent $35,000 for new equipment. Its free cash flow for 2022 was $63,000. $25,000. $92,000. $74,000. Question 11 (1 point) On October 1, 2022, Indiana Bones Ltd. places a new asset into service. The cost of the asset is $24,000 with an estimated 5-year life and $6,000 residual value. If Ming Wo uses straight-line depreciation, the depreciation expense for the year ended January 31, 2023 is $1,200. $2,000 $ 600
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