Net cash flow from operating activities for the year

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Reference no: EM132105058

BASE DATA:

MSU uses the indirect method: Net income 92,600 $        Dividends paid (cash) 50,500 $        Depreciation expense 12,000 $        Net decrease in current assets 21,400 $        Issued new notes payable for cash 61,200 $        Paid cash for building 279,000 $      Net decrease in current liabilities 5,300 $          Sold investment for cash 350,000 $    

WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCT:

QUESTION ONE

What was the net cash flow from operating activities for the year?

Reference no: EM132105058

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