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As an auditor for Alphabet Inc., you are asked to verify the cash flow from operating activities for the year 2023. The following information is
As an auditor for Alphabet Inc., you are asked to verify the cash flow from operating activities for the year 2023. The following information is provided:
- Net income: $8,000,000
- Depreciation expense: $1,200,000
- Increase in accounts receivable: $400,000
- Decrease in inventory: $200,000
- Increase in accounts payable: $600,000
- Decrease in accrued liabilities: $120,000
Calculate the cash flow from operating activities using the indirect method for Alphabet Inc. for the year 2023.
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