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Alcan Corporation Reports the Following Information for 2017 What Is the Net Cash Inflow from Operating Activities?
A)

question 46

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Alcan Corporation reports the following information for 2017.  Credit sales $599,000 Collections from customers 480,000 Interest received on investments 20,000 Dividends paid to common shareholders 11,000 Cost of goods sold 335,000 Payments to inventory suppliers 339,500 Amortization expense 25,000 Operating expenses 70,000 Payments for operating expenses 72,500 Interest and taxes paid 12,300\begin{array}{ll}\text { Credit sales } & \$ 599,000 \\\text { Collections from customers } & 480,000 \\\text { Interest received on investments } & 20,000 \\\text { Dividends paid to common shareholders } & 11,000 \\\text { Cost of goods sold } & 335,000 \\\text { Payments to inventory suppliers } & 339,500 \\\text { Amortization expense } & 25,000 \\\text { Operating expenses } & 70,000 \\\text { Payments for operating expenses } & 72,500 \\\text { Interest and taxes paid } & 12,300\end{array} What is the net cash inflow from operating activities?


Definitions:

Short-Term Prediction

The process of forecasting an event, such as an earthquake or volcanic eruption, within a relatively brief time period before it occurs.

Earthquake Event

A sudden and violent shaking of the ground, often caused by movements within the Earth's crust or volcanic activity.

Evacuation

The process of moving people away from a dangerous or potentially dangerous place to a safer location.

P-Wave Shadow Zone

The area of the Earth's surface where P-waves from earthquakes are not detected due to their refraction and reflection within the Earth's interior.

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