Please help!!
1 answer:
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Answer:
Net increase in cash position is $18,960
From operations $128,160
From investing activities -$83,200
From Finance activities -$26,000
Explanation:
The income statement has been uploaded for your benefit.
The schedules attached tagged "workings" explains how we arrived at each change in cash flow by line item.
Answer:
Explanation:
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2
Compute the net present value to make decision for buying the new Backhoes or keeping the old:
We can fine the calculations in the file attached below
