Question
Nagel Co. Prepaid Insurance it was $190,000 as of Dec. 31, 2017 and $90,000 as of Dec. Insurance expense as of December 31, 2018 was
Nagel Co. Prepaid Insurance it was $190,000 as of Dec. 31, 2017 and $90,000 as of Dec. Insurance expense as of December 31, 2018 was $162,000 for 2018 and $54,000 for 2017. What amount of insurance cash payment would be reported in 2018 nagel net cash provided by operating activities, presented directly ?
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Financial Accounting
Authors: Jan Williams, Susan Haka, Mark S Bettner, Joseph V Carcello
16th edition
1259692396, 77862384, 978-0077862381
