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Section: 1 of 1 Fin-Badge: F... Question: 1 of 14 © 2 2 3 4 5 6 7 A company has provided you with the following details: = Net profit for the year $10m Depreciation charged throughout the year = $2m $4m worth of new inventory has increased $2m was expensed as salary throughout the year. What is the operating cash flow according to US GAAP or IFRS? CO 6 ΔΡ 10 OY Choose the correct option O $10 million O $2 million $4 million O $6 million Clear Next Ο

Section: 1 of 1 Fin-Badge: F... Question: 1 of 14 © 2 2 3 4 5 6 7 A company has provided you with the following details: = Net profit for the year $10m Depreciation charged throughout the year = $2m $4m worth of new inventory has increased $2m was expensed as salary throughout the year. What is the operating cash flow according to US GAAP or IFRS? CO 6 ΔΡ 10 OY Choose the correct option O $10 million O $2 million $4 million O $6 million Clear Next Ο

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Section: 1 of 1 Fin-Badge: F... Question: 1 of 14 © 2 2 3 4 5 6 7 A company has provided you with the following details: = Net profit for the year $10m Depreciation charged throughout the year = $2m $4m worth of new inventory has increased $2m was expensed as salary throughout the year. What is the operating cash flow according to US GAAP or IFRS? CO 6 ΔΡ 10 OY Choose the correct option O $10 million O $2 million $4 million O $6 million Clear Next Ο
Transcribed Image Text:Section: 1 of 1 Fin-Badge: F... Question: 1 of 14 © 2 2 3 4 5 6 7 A company has provided you with the following details: = Net profit for the year $10m Depreciation charged throughout the year = $2m $4m worth of new inventory has increased $2m was expensed as salary throughout the year. What is the operating cash flow according to US GAAP or IFRS? CO 6 ΔΡ 10 OY Choose the correct option O $10 million O $2 million $4 million O $6 million Clear Next Ο
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