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The comparative balance sheets for Blossom Company show these changes in noncash current asset accounts: accounts receivable decreased $85,000, prepaid expenses increased $33,000, and inventories
The comparative balance sheets for Blossom Company show these changes in noncash current asset accounts: accounts receivable decreased $85,000, prepaid expenses increased $33,000, and inventories increased $45,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $184,000. (Show amounts that decrease cash flow with either a - sign e.q. 15.000 or in parenthesis e.q. (15.000).)
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