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Assume Sunflower Co.'s income statement reported net income of $200,000 for the year. Sunflower Co. reported increase in salaries payable of $20,000 and depreciation expense
Assume Sunflower Co.'s income statement reported net income of $200,000 for the year. Sunflower Co. reported increase in salaries payable of $20,000 and depreciation expense of $50,000. Which of the following is the net cash flow from operating activities (if the indirect method is used)? Select one: $170.000 O $270.000 $230.000 $130,000
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