_ In 2008, Izzy Corporation reported a net loss of $70,000. Izzys only net income adjustments were

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_ In 2008, Izzy Corporation reported a net loss of $70,000. Izzy’s only net income adjustments were depreciation expense $84,000, and increase in accounts receivable $8,100. Compute Izzy’s net cash provided (used) by operating activities.

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Intermediate Accounting 2007 FASB Update Volume 2

ISBN: 9780470128763

12th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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