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Lenses Laboratories' net income was $250,000. Given the account information below, Create the net cash flows from operating activities for Lenses Laboratories? UPLOAD your answer
Lenses Laboratories' net income was $250,000. Given the account information below, Create the net cash flows from operating activities for Lenses Laboratories?
UPLOAD your answer as an Excel or Word file.
| Increase in Accounts Receivable | $ | 60,000 | |
| Increase in Salaries Payable | $ | 50,000 | |
| Decrease in Inventory | $ | 30,000 | |
| Depreciation Expense | $ | 45,000 | |
| Increase in Prepaid Insurance | $ | 3,000 | |
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Standards For The Professional Practice Of Internal Auditing Statements On Internal Auditing Standards Statement Of Responsibilities Of Internal Auditing Code Of Ethics
Authors: Inst
1st Edition
0894133462, 978-0894133466
