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Chs 14,16 & 17 e A company's income statement showed the following: net income. $136,000 and depreciation expense. $33,600. An examination of the company's current
Chs 14,16 & 17 e A company's income statement showed the following: net income. $136,000 and depreciation expense. $33,600. An examination of the company's current assets and changes as a result of operating activities: accounts receivable decreased $10.600, merchandise inventory increased $20,400, and accounts payable increased $4,600. Calculate the net cash used by operating activities. $164.400
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