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Ivanhoe Ltd. reported the following for the fiscal year 2021: Additional information: 1. Accounts receivable decreased by $15,400 during the year. 1. Accounts receivable decreased
Ivanhoe Ltd. reported the following for the fiscal year 2021: Additional information: 1. Accounts receivable decreased by $15,400 during the year. 1. Accounts receivable decreased by $15,400 during the year. 2. Inventory increased by $6,900 during the year. 3. Prepaid expenses decreased by $4,900 during the year. 4. Accounts payable to suppliers increased by $10,400 during the year: 5. Accrued expenses payable increased by $4,400 during the year. 6. Income taxpayable decreased by $6,200 during the year. Prepare the operating activities section of the cash flow statement using the direct method. (Show amounts that decrease casi either a-sign eg. 15,000 or in parenthesis e.g. (15,000).) IVANHOE LTD. Cash Flow Statement (Partial)-Direct Method $ $ $ Attempts: 0 of 5 used
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