Ames Company reported 2025 net income of $151,000. During 2025, accounts receivable increased by $13,000 and accounts
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Ames Company reported 2025 net income of $151,000. During 2025, accounts receivable increased by $13,000 and accounts payable increased by $9,500. Depreciation expense was $44,000. Prepare the cash flows from operating activities section of the statement of cash flows.
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Related Book For
Intermediate Accounting
ISBN: 9781119790976
18th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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