The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory...

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The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory Prepaid Insur

Here is some additional information: 1. The net income was $20,000 which included a gain of $2,500 on the sale of some invest

What was the net cash flow from operating activities?

business accounting

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Answer 1

Answer #1

Solution: Operating acitivites: Net income 20000 Gain on sale of investment -2500 Depreciation 10000 Decrease in Account rece

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Answer 2

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