Tech-Gear Solutions reported a net income of $3.8 million for the fiscal year 2024. The company's financial statements show depreciation expenses of $450,000. Assuming no amortization expense, what is Tech-Gear Solutions' net cash flow? A) $3,350,000 B) $3,800,000 C) $4,250,000 D) $4,500,000

Tech-Gear Solutions reported a net income of $3.8 million for the fiscal year 2024. The company's financial statements show depreciation expenses of $450,000. Assuming no amortization expense, what is Tech-Gear Solutions' net cash flow? A) $3,350,000 B) $3,800,000 C) $4,250,000 D) $4,500,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter22: Accounting For Changes And Errors.

Section: Chapter Questions

Problem 13P: Gray Companys financial statements showed income before income taxes of 4,030,000 for the year ended...

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