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prepare the operating activities section of the statement of cash flows for the year ended december 31, 2020 for ivanhoe company, using the indirect method
prepare the operating activities section of the statement of cash flows for the year ended december 31, 2020 for ivanhoe company, using the indirect method
The income statement of Ivanhoe Compary is shown below. Additional information: 1 Accounts recehable decreased 5300,000 during the year. 2. Prepaid expenses increased $150,000 during the year. 3. Accounts payable to suppliers of merchandise decreased 5250,000 during the year: 4. Accrued oxpenses payable decreased $120,000 during theysar. 5. Adminitrative expenses include depreciation expense of 560000 . Prepare the operating activities rection of the statement of cast flova tor the year enced December 31,2020 , for lvanhoe Company Step by Step Solution
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