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A company had net income of $236.000. Depreciation expense is $20,000. During the year accounts receivable and inventory increased $15.000 and $40,000. respectively. Prepaid expenses
A company had net income of $236.000. Depreciation expense is $20,000. During the year accounts receivable and inventory increased $15.000 and $40,000. respectively. Prepaid expenses decreased $7,000. Using the indirect method, what is the amount of net cash flows from operating activities on the statement of cash flows? $200.000 $202.000 $204,000 O $208,000
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