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The following information is available from the current period financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable $
The following information is available from the current period financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable $ 143,918 34,128 22,791 16,870 The net cash flow from operating activities using the indirect method is a. $217,707 b. $138,385 c. $115,711 d. $143,918
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Financial Accounting
Authors: David Spiceland, Wayne Thomas, Don Herrmann
4th edition
1259307956, 978-1259307959
