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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 1197
Accounts payable increased by 278
Accounts receivable increased by 329
Inventories increased by 213
Depreciation expense was 684
Net cash provided by operating activities was:
A.
1617
B.
1197
C.
542
D.
1719
E.
1881
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