Sunland Inc had the following activity last year: Sales $ 302000 ; Cost of goods sold $

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Sunland Inc had the following activity last year: Sales $302000; Cost of goods sold $172000; Depreciation expense $25000; other selling and administrative expenses $94000; income tax expense $2500. What was the estimated net cash flow for the year?

$8500
$11000$33500
$36000

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Core Concepts of Accounting

ISBN: 978-0470499474

2nd edition

Authors: Cecily A. Raiborn

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Posted Date: Feb 07, 2022 02:54 PM

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Sunland Inc had the following activity last year: Sales $ 302000 ; Cost of goods sold $

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Solution Wlorkings Caluclation of net income Saler Less cost of goods Depreiaton enpente s... View the full answer

Core Concepts of Accounting

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