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Prepare a cash flow statement for Google LLC for the fiscal year ending December 31, 20X4, using the indirect method. Use the following financial data:
Prepare a cash flow statement for Google LLC for the fiscal year ending December 31, 20X4, using the indirect method. Use the following financial data:
- Net income: $500,000
- Depreciation expense: $100,000
- Changes in working capital: Accounts receivable decreased by $50,000, Inventory increased by $20,000, Accounts payable increased by $30,000
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Introduction To Financial Accounting
Authors: Anne Marie Ward, Andrew Thomas
7th edition
77138449, 978-0077132682, 77132688, 978-0077138448
