Reba Company reported profit of $10,000 for 20X1. Additional 20X1 information is as follows: Expenditures for...

  

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Reba Company reported profit of $10,000 for 20X1. Additional 20X1 information is as follows: Expenditures for operational assets $6,000 2,000 Depreciation expense on operational assets Dividends paid on common shares 900 Net increase in trade payables 400 Net decrease in inventory 200 Amortization of patent 100 Net decrease in trade receivables 300 Based on the information given above, the statement of cash flows would show "cash flows from operating activities" of $ Reba Company reported profit of $10,000 for 20X1. Additional 20X1 information is as follows: Expenditures for operational assets $6,000 2,000 Depreciation expense on operational assets Dividends paid on common shares 900 Net increase in trade payables 400 Net decrease in inventory 200 Amortization of patent 100 Net decrease in trade receivables 300 Based on the information given above, the statement of cash flows would show "cash flows from operating activities" of $

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Cash Flow from operating Activities is 13900 Calcul... View the full answer