BBB Company had a net profit reported on the income statement for the current year...
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Accounting
BBB Company had a net profit reported on the income statement for the current year of $50,000. Depreciation on property, plant and equipment were $30,000. The company borrowed $100,000 from the bank which is due in 12 months time. Which of the following would be equal to the amount of cash flows from operating activities? A. $19 000 B. $49 000 C. $81 000 D. $80 000 E. $100,000
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