Question
Orthopedic Supply Corporation has net income of $4,285,384; accounts receivable increase of $251,319; depreciation of $398,531; inventory increase of $270,042; and accounts payable increase of
Orthopedic Supply Corporation has net income of $4,285,384; accounts receivable increase of $251,319; depreciation of $398,531; inventory increase of $270,042; and accounts payable increase of $151,010. Calculate the firm's net cash flow from operating activities.
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
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