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Dayton Company Reported a Net Loss of $88,000 for the Year.During

question 33

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Dayton Company reported a net loss of $88,000 for the year.During the year,the company had $22,000 of Depreciation Expense and incurred a $68,000 loss on the cash sale of equipment.In addition,the company had the following changes in balance sheet accounts during the year:
 Accourts Payable $2,000 decrease  Accourts Receivable $14,000 decrease  Merchardise Inventory $4,000 increase \begin{array} { l r } \text { Accourts Payable } & \$ 2,000 \text { decrease } \\\text { Accourts Receivable } & \$ 14,000 \text { decrease } \\\text { Merchardise Inventory } & \$ 4,000 \text { increase }\end{array}
Using the indirect method,what is the amount of cash provided (used) by operating activities?

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Definitions:

Product Life Cycle

The stages a product goes through from when it is first introduced into the market until it is removed, including introduction, growth, maturity, and decline.

Decline Stage

The phase in a product's life cycle characterized by a decrease in sales and profits, often leading to the product's exit from the market.

Customer Education

The practice of teaching customers how to get the most value out of a product or service, enhancing their experience and satisfaction.

Brand Preference

The degree to which consumers favor a specific brand over others based on perceptions of quality, experience, and loyalty.

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