Question: Using the information below, calculate net cash flows from operating activities: Net income $120,000 Receive cash from issuing stock 80,000 Pay cash for equipment 90,000
Using the information below, calculate net cash flows from operating activities: Net income $120,000 Receive cash from issuing stock 80,000 Pay cash for equipment 90,000 Increase in accounts receivable 10,000 Depreciation expense Increase in accounts payable Receive cash from sale of land Pay cash dividends $ 30,000 5,000 75,000 20,000 Multiple Choice $190,000. $155,000. $145,000. $115,000
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