Brady Company reported net income of $30,000 for 20-2. The December 31 balances of the current assets
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Brady Company reported net income of $30,000 for 20-2. The December 31 balances of the current assets and current liabilities are shown below.
Compute cash provided by operating activities.
Transcribed Image Text:
20-2 20-1 Accounts Receivable Merchandise Inventory Accounts Payable Wages Payable $6,000 30,000 16,000 5,000 $ 3,000 34,000 18,000 10,000
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