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The following information has been provided to you by RKJ Company. Net income Decrease in accounts payable Increase in inventory Increase in accounts receivable Decrease
The following information has been provided to you by RKJ Company. Net income Decrease in accounts payable Increase in inventory Increase in accounts receivable Decrease in bonds payable Loss on sale of a depreciable asset Depreciation expense Decrease in income taxes payable $300.000 S114.000 $22.000 $24.000 $25.000 $19.000 S40.000 $12.000 Using the Indirect method, what is the net cash provided by operating activities? Multiple Choice $231.000 $187,000 $206,000 $168,000
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