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Business & Finance Assignment | Custom Assignment Help

Author:
October 29th, 2019

Alpha’s Company’s Fiscal Year 2017 Statement of Cash Flows reflected information that cash provided by operating activities was $800,000. The Fiscal Year 12/31/17 Balance Sheet showed the value of Retained Earnings to be $625,000. The following additional information was provided:

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Depreciation Expense

$380,000

Common Stock Dividends

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200,000

Accounts Receivable increase

110,000

Accounts Payable increase

60,000

Use this information and determine Alpha Company’s:

            a. the Net Income (Net Loss) the 2017 Fiscal Year.

            b. the beginning balance for Retained Earnings Get business finance assignment homework help today

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