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The comparative balance sheets of Apollo Rocket, Inc. show a net increase in inventory of $73,000 and a net decrease in accounts payable of $39,000
The comparative balance sheets of Apollo Rocket, Inc. show a net increase in inventory of $73,000 and a net decrease in accounts payable of $39,000 during 2018. In computing net cash flow from operating activities under the indirect method, net income for 2018 should be Multiple Choice Increased by $34,000. Reduced by $112,000. Increased by $112,000 Reduced by $34,000
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