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13. Required: Calculate cash flow from operations using the indirect method and the following data Net Income was $47,000 Accounts receivable decreased by $14,000 Inventory
13. Required: Calculate cash flow from operations using the indirect method and the following data Net Income was $47,000 Accounts receivable decreased by $14,000 Inventory increased by $8,000 Proceeds from issuing long term debts was $18,000 Accounts Payable decreased $4,500 Equipment Purchases were $65,000 Depreciation and amortization expense was $21,600
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