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Marty uses the visual inspection method for preparing the statement of cash flows. Selected information for Marty Company during 2016 follows: Jan. 1 Dec. 31
Marty uses the visual inspection method for preparing the statement of cash flows. Selected information for Marty Company during 2016 follows:
Jan. 1 | Dec. 31 | |
Accounts payable | $ 45 | $ 52 |
Accounts receivable | 60 | 68 |
Common stock | 400 | 412 |
Patent amortization | 30 | 27 |
Inventory | 70 | 60 |
If Marty reported net income of $320, what was the net cash provided by operating activities for 2016?
$332
$329
$330
$342
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