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Determine the firm''s cash flow from operating activities

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Reference no: EM133164056

Question - You are provided with the following information for the Kyla Ltd.

 

2019

2020

Net Income

$1,200

$1,500

Depreciation

$200

$300

Total Current Assets

$700

$900

Total Current Liabilities

$500

$800

During 2020 Kyla Corp. made capital expenditures totaling $500 and disposed property worth $400.

Refer to Kyla Ltd. Determine the firm's cash flow from operating activities for the year 2020?

a. $2,100

b. $1,900

c. $1,800

d. $1,700

Reference no: EM133164056

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