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Excel Technology is considering seller-finance for an existing customer with the following information. The net income is $12

I got 148.

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Answer #1

The correct answer is 148

Note:

Cahs flow from operations = Net Income + Depreciation + Decrease in accounts receivable-Increase in inventory  + Increase in accounts payable - decrease in wages payable

= 120+10+30-17+10-5

= $148 MM

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