Solution-Net cash flow from operating activities for the

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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Net cash flow from operating activities for the year

Reference no: EM132105058

Reference no: EM132105058

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