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Ya Wen Corporation’s accumulated depreciation—equipment account increased by $8,750, while $3,250 of patent amortization was recognized between balance sheet dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a gain of $18,750 from the sale of investments.1) Reconcile a net income of $175,000 to net cash flow from operating activities. 2) Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.
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Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.
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Ya Wen Corporation’s accumulated depreciation—equipment account increased by $8,750, while $3,250 of...
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