Question
Netflix,Inc.reportednetincomeof$1,200,000fortheyearendedDecember31st,2023.During the year, the company's accounts receivable increased by $80,000, and accounts payable increased by $60,000. Calculate the company's cash flows from operating activities using
Netflix, Inc. reported net income of $1,200,000 for the year ended December 31st, 2023. During the year, the company's accounts receivable increased by $80,000, and accounts payable increased by $60,000. Calculate the company's cash flows from operating activities using the indirect method.
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Financial And Managerial Accounting The Basis For Business Decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
19th Edition
1260247937, 978-1260247930
