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Business, 13.08.2019 01:20 stichgotrich849

The club, inc. (tci) presents its statement of cash flows using the indirect method. for the current year the company reported net income of $212,000. all sales are on account and the balance in the accounts receivable account increased by $14,000. the balance in the unearned revenue account decreased by $13,000. also, the company reported depreciation expense of $35,000 and a gain on the sale of equipment of $16,000. based on this information alone, the amount of the cash flow from operating activities shown on statement of cash flows is

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The club, inc. (tci) presents its statement of cash flows using the indirect method. for the current...
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