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Miguel, Inc. reported net income of $2.5 million in 2025. Depreciation for the year was $160,000, accounts receivable decreased $350,000, and accounts payable decreased
Miguel, Inc. reported net income of $2.5 million in 2025. Depreciation for the year was $160,000, accounts receivable decreased $350,000, and accounts payable decreased $280,000. - sign Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a-s e.g. -15,000 or in parenthesis e.g. (15,000).) MIGUEL, INC. Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Decrease in Accounts Receivable : AA $ 350,000 A 2500,000
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