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Question
Bruce Company reported net income for 2012 of $100,000. The company reported depreciation expense of $17,500 and amortization of $5,000. The company also reported a loss on the sale of equipment of $2,500. Based only on this information, the company would report cash flow from operating activities of
A. $117,500.
B. $120,000.
C. $127,500.
D. $125,000.
Answer
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Related questions
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