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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: 75 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: 75 Net income for the year was $76,000 Accounts payable decreased by 30,000 Accounts receivable increased 37,000 by Inventories increased by Depreciation expense was Skipped 17,000 54,000 Net cash provided by operating activities was: Multiple Choice $106,000 $140,000. $46,000. $72,000 $76,000
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