Alpha Geek

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    Polytechnic State University Sanluis
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Category > Accounting Posted 01 May 2017 My Price 5.00

Jojo Photography reported net income of $100

Jojo Photography reported net income of $100,000 for 2014. Included in the income statement were depreciation expense of $4,000, amortization expense of $3,000, and a gain on disposal of plant assets of $3,900. Jojo’s comparative balance sheets show the following balances.

 

 

 

12/31/13

 

12/31/14

Accounts receivable

$27,000

 

$21,000

Accounts payable

6,000

 

9,200

Calculate net cash provided by operating activities for Jojo Photography.

Answers

Alpha Geek
(8)
Status NEW Posted 01 May 2017 09:05 AM My Price 5.00

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Attachments

file 1493630590-1356911_1_636291739572858613_1356911.xlsx preview (182 words )
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