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Novak, Incorporated had net income for 2025 of $5460000. Additional information is as follows: ( Amortization of patents Depreciation on plant assets Long-term debt: Bond premium amortization Interest paid Provision for doubtful accounts: Current receivables Long-term nontrade receivables Answer Choices: $44600 al $7332000 1651000 64700 905000 What is the net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2025, based solely on the above information? 80800 30900

Novak, Incorporated had net income for 2025 of $5460000. Additional information is as follows: ( Amortization of patents Depreciation on plant assets Long-term debt: Bond premium amortization Interest paid Provision for doubtful accounts: Current receivables Long-term nontrade receivables Answer Choices: $44600 al $7332000 1651000 64700 905000 What is the net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2025, based solely on the above information? 80800 30900

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Novak, Incorporated had net income for 2025 of $5460000. Additional information is as follows: ( Amortization of patents Depreciation on plant assets Long-term debt: Bond premium amortization Interest paid Provision for doubtful accounts: Current receivables Long-term nontrade receivables Answer Choices: $44600 a) $7332000 b) $7301100 c) $7202600 d) $7283400 1651000 64700 905000 What is the net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2025, based solely on the above information? 80800 30900
Transcribed Image Text:Novak, Incorporated had net income for 2025 of $5460000. Additional information is as follows: ( Amortization of patents Depreciation on plant assets Long-term debt: Bond premium amortization Interest paid Provision for doubtful accounts: Current receivables Long-term nontrade receivables Answer Choices: $44600 a) $7332000 b) $7301100 c) $7202600 d) $7283400 1651000 64700 905000 What is the net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2025, based solely on the above information? 80800 30900
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