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Wyman Co. reported $36,000 of cash provided by operating activities and the following data:
Amortization $45,000
Increase in accounts payable $12,000
Increase in wages payable $8,000
Decrease in taxes payable $2,000
Problem 1: What must have been Wyman's profit/loss for the period?
Multiple Choice
A) $54,000 loss
B) $27,000 loss
C) $12,000 loss
D) $10,000 profit
If Sharon had been able to afford the? four-year loan, how much interest would she have saved compared to the? five-year loan?
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The stock currently sells for $25 a share. Assuming the market is in equilibrium, what does the market believe will be the stock's price at the end of 3 years
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