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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
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 $64,000 Accounts payable decreased by Accounts receivable increased 24,000 31,000 by Inventories increased by 11,000 Depreciation expense was 42,000 Net cash provided by operating activities was:
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
10th edition
133117413, 978-0133129519, 133129519, 978-0133129557, 133129551, 978-0133117561, 133117561, 978-0133117417
