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Business, 20.06.2020 18:57 only1123

The following income statement was drawn from the annual report of Newtown Company: Cash revenue $ 79,000 Depreciation expense (28,800 ) Accrued interest expense (14,000 ) Cash operating expenses (34,400 ) Operating income 1,800 Gain on sale of equipment 3,600 Net income $ 5,400 What is the net cash flow from operating activities

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The following income statement was drawn from the annual report of Newtown Company: Cash revenue $ 7...
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