Question
Rogers Company reported net income of $35,559 for the year. During the year, accounts receivable increased by $7,508, accounts payable decreased by $3,740 and depreciation
Rogers Company reported net income of $35,559 for the year. During the year, accounts receivable increased by $7,508, accounts payable decreased by $3,740 and depreciation expense of $60,277 was recorded. Net cash flows from operating activities for the year is
a. $35,559
b. $84,588
c. $99,604
d. $107,084
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
