Question
Hyrams Ham Company reported net income of $82,000 for the year. During the year, accounts receivable decreased by $14,000, accounts payable increased by $2,000 and
Hyrams Ham Company reported net income of $82,000 for the year. During the year, accounts receivable decreased by $14,000, accounts payable increased by $2,000 and depreciation expense of $10,000 was recorded. What is the net cash provided by operating activities for the year?
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
2nd Canadian Edition
0471413658, 978-0471413653
