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QUESTION

The following information was taken from ZZ Company's 2020 income statement:

The following information was taken from ZZ Company's 2020 income

statement:

Sales revenue          $500,000

Cost of goods sold        280,000

Other expense          120,000

Net income           $100,000

Calculate the net cash flow from financing activities for 2020. If

your answer is negative, place a minus sign in front of your answer

with no spaces in between (e.g., -1234).

I said the answer is 156000.0000 is this correct?

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