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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 decreased 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 decreased by Accounts receivable increased by Inventories increased by Cash dividends paid Depreciation expense $ 52,500 18,500 25,500 5,500 14,100 20,500 Net cash provided by operating activities was: Multiple Choice $44,500. $30,500. $70,400. Multiple Choice $44,500. $30,500. $70,400. $23.500 $121,500
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