Question
Creble Company reported net income for 2018 in the amount of $42,000. The company's financial statements also included the following: Increase in accounts receivable $
Creble Company reported net income for 2018 in the amount of $42,000. The company's financial statements also included the following:
| Increase in accounts receivable | $ | 4,400 | |
| Decrease in inventory | 2,000 | ||
| Depreciation expense | 3,300 | ||
| Gain on sale of equipment | 4,700 | ||
In the statement of cash flows what is net cash provided by operating activities under the indirect method?
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Auditing And Assurance Services Plus Pearson MyLab Accounting With Pearson EText
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
17th Global Edition
1292312106, 978-1292312101
