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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 Accounts payable decreased by Accounts receivable increased by Inventories increased by Cash dividends paid were Depreciation expense was $55,500 21,500 28,500 8,500 14,700 23,500 Net cash provided by operating activities was Multiple Choice $130,500 $47,500 $72,800. $20,500. $33,500
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