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In preparing a company's statement of cash flows using the indirect method , the following information is available: Net income $ 56,000 Accounts payable increased
In preparing a company's statement of cash flows using the indirect method, the following information is available:
| Net income | $ 56,000 |
|---|---|
| Accounts payable increased by | 18,400 |
| Accounts receivable decreased by | 25,400 |
| Inventories increased by | 5,800 |
| Depreciation expense | 31,200 |
Net cash provided by operating activities was:
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Guidelines For Auditing Process Safety Management Systems
Authors: CCPS Center For Chemical Process Safety
2nd Edition
0470282355, 978-0470282359
