Question
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 57,000 Accounts payable increased by
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 57,000 Accounts payable increased by 18,500 Accounts receivable decreased by 25,500 Inventories increased by 6,000 Depreciation expense 31,500 Net cash provided by operating activities was:
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Business Accounting An Introduction To Financial And Management Accounting
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
2nd Edition
0230276237, 978-0230276239
