Question
In preparing a company's statement of cash flows using the indirect method, the following information is available:Net income$52,000.00Accounts payable increased by$18,000.00Accounts receivable decreased by$25,000.00Inventories decreased
In preparing a company's statement of cash flows using the indirect method, the following information is available:Net income$52,000.00Accounts payable increased by$18,000.00Accounts receivable decreased by$25,000.00Inventories decreased by$5,000.00Cash dividends paid$14,000.00Depreciation expense$20,000.00Net cash provided by operating activities was:
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Intermediate Accounting 2014 FASB Update
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
15th edition
978-1118938782, 111893878X, 978-1118985311, 1118985311, 978-1118562185, 1118562186, 978-1118147290
