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Pharoah Company reported net income of $ 151,000. For 2022, depreciation was $ 45,600, and the company reported a gain on sale of investments of
Pharoah Company reported net income of $ 151,000. For 2022, depreciation was $ 45,600, and the company reported a gain on sale of investments of $ 12,600. Accounts receivable increased $ 25,600 and accounts payable decreased $ 23,600. Compute net cash provided by operating activities using the indirect method.
Net cash provided by operating activities |
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