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A company's income statement showed the following:net income, exist134, 000 and depreciation expense. exist33, 000. An examination of the company's current assets and current liabilities
A company's income statement showed the following:net income, exist134, 000 and depreciation expense. exist33, 000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities:accounts receivable decreased exist10, 400:merchandise inventory increased exist20, 000:and accounts payable increased exist4, 400. Calculate the net cash provided or used by operating activities. exist128, 000. exist172, 200. exist132, 200. exist161, 800. exist193, 000
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