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14-15 - 33,793 decrease in a/r 6,025 income tax payable...

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Exercise 14-15 Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. a. Cash flows from operating activities: Net income $75,096 Add: Depreciation $81,594 Decrease in Mrchandise inventory
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Unformatted text preview: 33,793 decrease in a/r 6,025 income tax payable 12,145 loss on sale of fixed assets 3,950 increase in a/p 4,156 141,663 $216,759 Deduct: increase in prepaid assets $4,511 noncash income 7,242 11,753 Cash from operations $205,006...
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14-15 - 33,793 decrease in a/r 6,025 income tax payable...

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