Business
Business, 02.09.2020 23:01, auraziabagley

Ruston Company had Net Income for 2019 of $6,200,000. The firm invested $4,000,000 in manufacturing equipment during 2018 but made no additional capital investments in 2019. The equipment is being depreciated over five years using straight-line depreciation, starting in 2018. Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2019 with amounts in thousands. What is the Net Cash Flow in 2019?

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Ruston Company had Net Income for 2019 of $6,200,000. The firm invested $4,000,000 in manufacturing...

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