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Determine the lucky net income

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Question - Net cash flow from operating activities for 2X19 for Lucky Corporation was £300,000 following items are reported on the financial statements for 2X19:

Depreciation and amortization 20,000

Cash dividends paid on ordinary shares 12,000

Increase in accounts receivable 24,000

Required - Based only on the information above, determine the Lucky net income for 2X19?

Reference no: EM133107720

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