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Riding apparel providers, inc provided the following information. Compute net cash flow from operating activities under the indirect reporting format. Riding Apparel Providers, Inc provided
Riding apparel providers, inc provided the following information. Compute net cash flow from operating activities under the indirect reporting format. Riding Apparel Providers, Inc provided the following information for the aurrent year (Click the loon to view the statement of net income.) (Click the icon to view the changes in balance sheet accounts Compte net cash fo-tom operatrg sctvees under te indred reporrg format. (Use a-agnorparenteses fr any nurters to be sttracted. rabox-rot-inthe staterert oave te bor empty, do not select a-or-a zero.) Statement ofl Net Income Riding Apparel Providers, lnc. Partial Statement of Cash Flows OIndirect Method Changes in baianolsheet accounts Riding Apparel Previders, Ine Statement of Net Income For the Current Year Ended Operating Activities Changes in Balance Sheet Accounts Decrease in Accounts Revable Decrease in Inventory Increase in Prepaid Expenses Decrease in Accounts Payble Increase in lncome Tases Payable Adjustments to Reconcile Net Ineome to Cash Flows from Operating Activities 5 2,250,000 (1,200,000) (184 000) Seling General, and Administrtive Expenses 1536 000) 68,000 (156,000) 27,000 8,000 Cost of Goods Sold Changes in Current Assets and Liablit Depreciation Expense 30,000 3,000 Tax Expense Print Done Print Done Net Cash Provided (Used) by Operating Activities
Riding apparel providers, inc provided the following information. Compute net cash flow from operating activities under the indirect reporting format.
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