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Given the Following Information, Determine the Amount of Cash Flows

question 75

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Given the following information, determine the amount of cash flows from investing and financing activities.  Net income $70,000 Loss on sale of plant assets 25,000 Cash received from sale of plant assets 36,000 Cash received from issuing stock 80,000 Increase in income taxes payable 20,000\begin{array}{|l|r|}\hline \text { Net income } & \$ 70,000 \\\hline \text { Loss on sale of plant assets } & 25,000 \\\hline \text { Cash received from sale of plant assets } & 36,000 \\\hline \text { Cash received from issuing stock } & 80,000 \\\hline \text { Increase in income taxes payable } & 20,000 \\\hline\end{array}

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Definitions:

Average Total Cost

The total cost of production divided by the quantity produced, encompassing both fixed and variable costs to provide a per-unit cost basis.

Fixed Costs

Business expenses that are not dependent on the level of goods or services produced by the business, such as rent and salaries.

Marginal Costs

The financial implication of manufacturing an extra unit of a product or service.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices within a given period.

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