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Pharoah Company reported net income of $180,080. It reported depreciation expense of $13,780 and accumulated depreciation of $51,810. Amortization expense was $7,520. Pharoah Company purchased
Pharoah Company reported net income of $180,080. It reported depreciation expense of $13,780 and accumulated depreciation of $51,810. Amortization expense was $7,520. Pharoah Company purchased new equipment during the year for $50,380. Determine net cash provided by operating activities under the indirect method.
Net cash provided by operating activities |
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