Question
12. Ice Company had net income for $80,000 and depreciation expense of $10,000. Using the indirect method, net cash flow from operating activities are _____.
12. Ice Company had net income for $80,000 and depreciation expense of $10,000. Using the indirect method, net cash flow from operating activities are _____.
A. $10,000
B. $70,000
C. $80,000
D.$90,000
E. none of the above
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Managerial Accounting
Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips
1st Edition
0078110777, 9780078110771
