Multiple Choice
Sapphire Industries Ltd. has a net income of $60 million and the total depreciation on its assets is $20 million. The net cash flow of Sapphire Industries is:
A) $80 million.
B) $60 million.
C) $20 million.
D) $40 million.
E) $100 million.
Correct Answer:
Verified
Correct Answer:
Verified
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