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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: Skipped 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: Skipped Net income for the year was Accounts payable decreased by Accounts receivable increased by Inventories increased by Cash dividends paid were Depreciation expense was $57,500 23,500 30,500 10,500 15,100 25,500 Net cash provided by operating activities was: ! Multiple Choice o $74,400. o $35,500. o $18,500. o $136,500. o $49,500
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