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Baxa Company has an accrual basis net income of $360,000 in 2019 and the following related items: Depreciation expense Accounts receivable increase Inventory decrease $76,000
Baxa Company has an accrual basis net income of $360,000 in 2019 and the following related items: Depreciation expense Accounts receivable increase Inventory decrease $76,000 24,000 28,000 16,000 Accounts payable decrease How much is Baxa's net cash flow from operating activities in 2019? Select one: A. $424,000 B. $472,000 C. $416,000 D. $348,000
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Managerial Accounting Working Papers
Authors: John G. Helmkamp
2nd Edition
0471514292, 978-0471514299
