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Jamison Company had Net Income for the year of $210,000. Prepaid Expenses increased by $9,000 during the year, Inventory decreased by $8,000, and Taxes Payable
Jamison Company had Net Income for the year of $210,000. Prepaid Expenses increased by $9,000 during the year, Inventory decreased by $8,000, and Taxes Payable decreased by $2,000. What was the Net Cash Flow from Operating Activities using the Indirect Method (assume that no other account balances changed that would impact the computation). a. $207,000 b. $211,000 c. $213,000 d. $225,000
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Becoming An Unstoppable Woman In Finance 29 Strategic Financial Experts
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