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Big toy Coporations records show a profit of $30,000, depreciation expenses of $10,000, and cash dividends declared and paid of $5,000. The amount of cash
Big toy Coporations records show a profit of $30,000, depreciation expenses of $10,000, and cash dividends declared and paid of $5,000. The amount of cash used in operating activities using the indirect method is:
a. $40,000
b. $30,000
c. $20,000
d. $10,000
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