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Ruth Company reported net income of $240,000 for the current year and paid dividends of $75,000. Depreciation of $60,000 was recorded for the year ended
Ruth Company reported net income of $240,000 for the current year and paid dividends of $75,000. Depreciation of $60,000 was recorded for the year ended December 31, 2020. Selected account balances at the beginning and end of the year are follows: Instructions Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method
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