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Question 13 5 pts Hanson Company uses the indirect method to compute operating activities and reported net income of $260,000 for the year. During the
Question 13 5 pts Hanson Company uses the indirect method to compute operating activities and reported net income of $260,000 for the year. During the year, accounts receivable increased by $21,000, accounts payable decreased by $9,000 and depreciation expense of $45,000 was recorded. Net cash provided by operating activities for the year is O $260,000 O $275,000 O $227,000 O $245.000
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