In 2023, Oswald Corporation reported a net loss of $56,000. Oswalds only net income adjustments were depreciation

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In 2023, Oswald Corporation reported a net loss of $56,000. Oswald’s only net income adjustments were depreciation expense of $67,000 and an increase in accounts receivable of $8,100. Calculate Oswald’s net cash provided (used) by operating activities using the indirect method.

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Intermediate Accounting Volume 2

ISBN: 9781119740445

13th Canadian Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

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