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STATEMENT OF CASH FLOW: Company A has net income of 1,000,000, depreciation of 400,000, an increase in accounts receivable of 300,000, a decrease in inventory
STATEMENT OF CASH FLOW: Company A has net income of 1,000,000, depreciation of 400,000, an increase in accounts receivable of 300,000, a decrease in inventory of 200,000 and a decrease in accounts payable of 300,000. Using the indirect method, what is the amount for net cash flow from operating activities?
a. 1,900,000 | ||
b. 1,600,000 | ||
c. 1,200,000 | ||
d. 1,000,000 | ||
e. None of the above |
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