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W.C Cycling had $55,000 in cash at year-end 2013 and $25,000 in cash at year-end 2014

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Question;W.C Cycling had $55,000 in cash at year-end 2013 and $25,000 in cash at year-end 2014. The firm invest in property, plant, and equipment totaling $250,000. Cash flow from financing activities totaled + $170,000.A. What was the cash flow from operating activity?B. If accruals increases by $25,000, receivables and inventory increased by $100,000 and depreciation and amortization totaled $10,000, what is the net-income?

 

Paper#48916 | Written in 18-Jul-2015

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