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Net Income: $15,500,000 Depreciation Expense: $600,000 Increase in Accounts Receivable: $400,000 Decrease in Inventory: $300,000 Purchase of Equipment: $1,200,000 Question: How do changes in working
- Net Income: $15,500,000
- Depreciation Expense: $600,000
- Increase in Accounts Receivable: $400,000
- Decrease in Inventory: $300,000
- Purchase of Equipment: $1,200,000
- Question: How do changes in working capital components contribute to the company's overall cash flow from operating activities?
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry Wolk, James Dodd, John Rozycki
8th edition
1412991692, 978-1412991698
