Business, 02.09.2020 03:01 F00Dislife
Net cash flow from operating activities for 2021 Altoona Corporation was $300,000. The following items are reported on the financial statements for 2021:
Depreciation and amortization $30,000
Cash dividends paid on common stock 18,000
Increase in accounts receivable 36,000
Based only on the information above, Graham’s net income for 2018 was:.
a. $501,000.
b. $429,000.
c. $441,000.
d. $489,000.
Answers: 3
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Net cash flow from operating activities for 2021 Altoona Corporation was $300,000. The following ite...
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