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given sales for the year of $218,000, cash expenses of $92,000 and depreciation expense of $23,000, net cash flow for the year is blank . multiple choice question. $195,000 $126,000 $103,000 $218,000

User Anni
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2 Answers

24 votes
24 votes

Final answer:

The net cash flow for the year is $103,000.

Step-by-step explanation:

To calculate the net cash flow for the year, we need to subtract the cash expenses and depreciation expense from the sales revenue. In this case, the sales revenue is $218,000, cash expenses are $92,000, and depreciation expense is $23,000.

Net Cash Flow = Sales Revenue - Cash Expenses - Depreciation Expense
Net Cash Flow = $218,000 - $92,000 - $23,000
Net Cash Flow = $103,000

User Roni Yaniv
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3.4k points
11 votes
11 votes

Answer:

$126,000

Step-by-step explanation:

User Rosdi Kasim
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