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Brief Exercise 12-06 The comparative balance sheets for Bramble Corp. show these changes in noncash current asset accounts: accounts receivable decreased $81,000, prepaid expenses increased
Brief Exercise 12-06 The comparative balance sheets for Bramble Corp. show these changes in noncash current asset accounts: accounts receivable decreased $81,000, prepaid expenses increased $29,000, and inventories increased $41,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $187,000. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Bramble Corp. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to Click if you would like to Show Work for this question: Open Show Work
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