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Business, 05.05.2020 22:43 natalie2sheffield

In 2019, BayKing Company sold used equipment for $17,000. The equipment had an original cost of $80,000 and accumulated depreciation as of the date of sale was $60,000. BayKing also purchased heldminustominusmaturity securities for $7,000. Net income for the year was $ 78 comma 000. There were no other transactions conducted during the period. What are the 2019 net operating cash flows for BayKing under the indirect methodp

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In 2019, BayKing Company sold used equipment for $17,000. The equipment had an original cost of $80,...
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