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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable increased by Accounts receivable
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable increased by Accounts receivable decreased by $ 52,000 8,000 17,000 Inventories increased by 5,000 Depreciation expense 30,000 Net cash provided by operating activities was: Multiple Choice $102,000. $62,000. $72,000. $107,000. $112,000 Step by Step Solution
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz, Rhonda Pyper
2nd canadian edition
133025071, 978-0133519761, 133519767, 978-0133523676, 133523675, 978-0133025071
