Hanzely corporations balance sheet and income statement, Accounting Basics

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Hanzely corporations balance sheet and income statement

Hanzely Corporation's balance sheet and income statement appear below: Cash dividends were $10. The company sold equipment for $17 that was originally purchased for $11 and that had accumulated depreciation of $9. The net cash provided by (used in) operating activities for the year was: A) $67 B) $62 C) $52 D) $48

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Accounting Basics: Hanzely corporations balance sheet and income statement

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