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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 $ 64,000
Accounts payable decreased by 24,000
Accounts receivable increased by 31,000
Inventories increased by 11,000
Depreciation expense was
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Money And Banking
Authors: Robert E. Wright, Vincenzo Quadrini
1st Edition
0982043082, 9780982043080
