EB4. LO 16.3 Use the following information from Hamlin Company’s financial statements to determine operating net cash flows (indirect method). Net Income $113,750 Change in accumulated depreciation (no sale of depreciable assets this year) $9,800 Gain on sale of investments $11,400

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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EB4. LO 16.3 Use the following information from Hamlin Company’s financial statements to determine operating net cash flows (indirect method).

Net Income $113,750

Change in accumulated depreciation (no sale of depreciable assets this year) $9,800

Gain on sale of investments $11,400

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