Question
Operating Cash Flow Calculation : A company reported net income of $500,000, depreciation expense of $100,000, and an increase in accounts receivable of $50,000. Calculate
Operating Cash Flow Calculation: A company reported net income of $500,000, depreciation expense of $100,000, and an increase in accounts receivable of $50,000. Calculate the company's operating cash flow using the indirect method.
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
