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Business, 27.08.2021 23:40 gagem1278

Lightspeed Industries had Net Income for 2020 of $7,800,000. The firm invested $4,000,000 in manufacturing equipment during 2019 but made no additional capital investments in 2020. The equipment is being depreciated over five years using straight-line depreciation, starting in 2019. Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2020 with amounts in thousands. What is the Net Cash Flow in 2020

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Lightspeed Industries had Net Income for 2020 of $7,800,000. The firm invested $4,000,000 in manufac...
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