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Net Income $40,000 Depreciation $8,000 Decrease in Accounts Payable $1,800 Decrease in Inventory $2,500 Increase in Mortgage Payable $10,000 Increase in Common Stock $25,000
Net Income $40,000 Depreciation $8,000 Decrease in Accounts Payable $1,800 Decrease in Inventory $2,500 Increase in Mortgage Payable $10,000 Increase in Common Stock $25,000 Increase in Accounts Receivable $4,000 What is the cash provided by operating activities?
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Cash flow from operating activities CFO can be calculated using the following formula CFO Net Income ...
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
