Question
Hansen Corporation reported net income of $328,000 for the current year. In addition, Accounts Payable increased $24,000 during the year, inventory increased by $15,000, and
Hansen Corporation reported net income of $328,000 for the current year. In addition, Accounts Payable increased $24,000 during the year, inventory increased by $15,000, and Accounts Receivable decreased by $20,000. Using the indirect method, what is the net cash flow from operating activities?
Multiple Choice
a. $387,000
b. $357,000
c. $328,000
d. $317,000
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Social Media Audit And Stats Audit And Statistics For Social Media Platforms
Authors: Virtual Desk Tools
1st Edition
B09JDX8Z9M, 979-8492994938
