Nanotec Manufacturing reports net income of $ 8 5 9 , 0 0 0 . Depreciation Expense

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Question:

Nanotec Manufacturing reports net income of $

859, 000 .

Depreciation Expense is $

68, 000,

Accounts Receivable increased $

28, 000,

and Accounts Payable decreased $

11, 000 .

Required:

Calculate net cash flows from operating activities using the indirect method.

Note: Negative value should be indicated by a minus sign.

Related Book For answer-question

Linear Algebra And Its Applications

ISBN: 9781292351216

6th Global Edition

Authors: David Lay, Steven Lay, Judi McDonald

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Posted Date: May 07, 2024 03:28 AM

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Nanotec Manufacturing reports net income of $ 8 5 9 , 0 0 0 . Depreciation Expense

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Calculating the net cash flows from operating activities for Nanotec Manufacturing using t... View the full answer

Linear Algebra And Its Applications

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