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VikaD [51]
3 years ago
8

The Black Corporation has provided the following information: Net income $ 560,000 Increase in prepaid expenses 14,000 Amortizat

ion of discount on bonds payable 10,000 Decrease in accounts payable 20,000 Increase in inventory 21,000 Dividends declared 39,000 Dividends paid 36,000 Increase in accounts receivable 30,000 Increase in wages payable 16,000 Increase in deferred tax liability 41,000 Required: Determine the cash flow from operating activities using the indirect method of cash flow statement presentation.

Business
1 answer:
Sav [38]3 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Answer:

B. Investment Y has a higher present value.

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Plus we know that the cash inflows and the number of years has an indirect relation

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The inflation tax refers to
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Answer:

The correct answer is letter "D": the revenue a government created by printing money.

Explanation:

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Answer:

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Explanation:

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