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enot [183]
2 years ago
10

The following information is available for Felix Company: Net income $300 Decrease in plant and equip. $40 Depreciation expense

$20 Increase in deferred tax asset $5 Gain on sale of assets $35 Decrease in long-term debt $50 Increase in inventories $25 Decrease in accounts payable $15 What is cash flow from operating activities for Felix Company
Business
1 answer:
zmey [24]2 years ago
7 0

Answer:

$240

Explanation:

The computation of cash flow from operating activities of Felix company is seen below;

= Net income - Decrease in plant and machinery + decrease in expense - increase in deferred assets + gain on sale of assets

= $300 - $40 + $20 - $5 + $35

= $240

Therefore, cash flow from operating income of Felix company is $240

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Etmer enterprises has budgeted sales for the next four months as follows: budgeted sales in units january 7,400 units february 4
Artyom0805 [142]

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Answer:

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3 years ago
The Housing Financial Discrimination Act (Holden Act) prohibits all financial institutions from discriminating in real estate lo
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Redlining

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Earleton Manufacturing Company has $2 billion in sales and $600,000,000 in fixed assets. Currently, the company's fixed assets a
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Answer:

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According to the scenario, the computation of the given data are as follows:

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7 0
3 years ago
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