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In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:
| Net income for the year was | $ | 88,000 |
| Accounts payable decreased by | 36,000 | |
| Accounts receivable increased by | 43,000 | |
| Inventories increased by | 23,000 | |
| Depreciation expense was | 66,000 | |
Net cash provided by operating activities was:
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Clinical Audit In Physiotherapy From Theory Into Practice
Authors: Sue Barnard MSc MCSP, Gayle Hartigan
1st Edition
075063779X, 978-0750637794
