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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 Depreciation expense $76,000 30,000 37,000 17,000 54,000 Net cash provided by operating activities was: Multiple Choice $46,000 $72,000. $106,000. $140,000 $76.000
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