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Saudi Telecom Company (STC) provided the following information for the year ended December 31, 2023: Net Income: SAR 1,000,000 Depreciation Expense: SAR 200,000 Increase in

Saudi Telecom Company (STC) provided the following information for the year ended December 31, 2023:

  • Net Income: SAR 1,000,000
  • Depreciation Expense: SAR 200,000
  • Increase in Accounts Receivable: SAR 150,000
  • Decrease in Accounts Payable: SAR 100,000
  • Purchase of Property, Plant, and Equipment: SAR 500,000 Prepare the operating activities section of the cash flow statement using the indirect method.

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