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Business, 02.02.2021 05:50 tyw3366812778

Sales revenue $944,200 Less: Cost of goods sold 598,100 Gross profit 346,100 Less: Operating expenses (includes depreciation expense and bad debt expense) 248,500 Income from operations 97,600 Other revenues and expenses Gain on sale of investments $14,900 Loss on sale of equipment (2,900 ) 12,000 Income before taxes 109,600 Income taxes 45,200 Net income $64,400 (a) Compute net cash provided by operating activities under the direct method. (Enter negative amounts using either a negative sign preceding the number e. g. -45 or parentheses e. g. (45).) Net cash flow from operating activities

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Sales revenue $944,200 Less: Cost of goods sold 598,100 Gross profit 346,100 Less: Operating expense...
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