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Balance Sheets Accounts receivable FF Inventory..... Accounts payable Income taxes payable. At December 31 2017 2016 $250 $340 340 300 160 180 100 30
Balance Sheets Accounts receivable FF Inventory..... Accounts payable Income taxes payable. At December 31 2017 2016 $250 $340 340 300 160 180 100 30 Required: Page 358 a. Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2023. b. Explain why net income is different from the net cash provided by operations. Problem 9.25 LO 9-10 Cash flows from operations-indirect method The financial statements of Simon Co. include the following items (amounts in thousands): Income Statement Net income. Depreciation and amortization expense PO For the Year Ended December 31, 2017 $840 640
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