Question
Telfer, Inc. reported net income of $2.3 million in 2017. Depreciation for the year was $163,200, accounts receivable decreased $357,900, and accounts payable decreased $287,100.
Telfer, Inc. reported net income of $2.3 million in 2017. Depreciation for the year was $163,200, accounts receivable decreased $357,900, and accounts payable decreased $287,100. Compute net cash provided by operating activities using the indirect method.
(13,000) Telfer, Inc Statement of Cash Flows Indi Adjustments to reconcile net income to LINK TO TEXTStep by Step Solution
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Handbook Of Energy Audits
Authors: Albert Thumann, Terry Niehus, William J. Younger
9th Edition
1466561629, 978-1466561625
