Question: Using the data in the tables below, compute Net Cash Flow from Operating Activities for Eureka Ruby, Inc. for Year 2 : Additional Data from

Using the data in the tables below, compute Net Cash Flow from Operating Activities for Eureka Ruby, Inc. for Year 2:

Additional Data from Company Income Statement(s):

  • Sales in Year 2 = 5,185,000
  • Net income in Year 2 = 51,920
  • Depreciation expense in Year 1 = 256,730
  • Depreciation expense in Year 2 = 281,460

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