Exam (elaborations)
ACCT 221 Quiz 2 Answers Computation - NEW.docx
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ACCT 221 Quiz 2 Computation 1) Answer = $247,000 Net Income Add: Depreciation Expense 18000 Add: Increase in accounts payable 12000 Less: Increase in accounts receivables (15000) Less: Gain in sale of equipment (8000) Cash provided by operating activities 2) Answer = ($23,000) Cash from sal...
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