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If Cash Received from Customers Is $234 000,cash Paid for Salaries

Question 29

Multiple Choice

If cash received from customers is $234 000,cash paid for salaries and expenses is $130 000,depreciation of equipment,is $13 000,cash received from the sale of equipment is $25 000,gain on the sale of equipment is $12 000,cash flow from operating activities is:


A) $117 000
B) $91 000
C) $129 000
D) $104 000

Correct Answer:

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