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Hunt company reported net income of 157000 it reported

Question - Hunt Company reported net income of $157,000. It reported depreciation expense of $12,000 and accumulated depreciation of $47,000. Amortization expense was $8,000. Hunt Company purchased new equipment during the year for $50,000.

Determine net cash provided by operating activities under the direct method.

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Accounting Basics: Hunt company reported net income of 157000 it reported

Reference No:- TGS02520557

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Accounting Basics: Hunt company reported net income of 157000 it reported

Reference No:- TGS02520557

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