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GHI Corporation provides the following information: Net Income: $200,000 Depreciation Expense: $50,000 Increase in Accounts Receivable: $20,000 Increase in Accounts Payable: $10,000 Sale of Equipment:
GHI Corporation provides the following information:
- Net Income: $200,000
- Depreciation Expense: $50,000
- Increase in Accounts Receivable: $20,000
- Increase in Accounts Payable: $10,000
- Sale of Equipment: $30,000 Calculate the cash flow from operating activities, investing activities, and financing activities using the indirect method.
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
