Question
The following information is available from the current period financial statements: Net income $100,000 Depreciation expense 25,000 Increase in accounts receivable 10,000 Decrease in accounts
The following information is available from the current period financial statements:
| Net income | $100,000 |
| Depreciation expense | 25,000 |
| Increase in accounts receivable | 10,000 |
| Decrease in accounts payable | 20,000 |
What is the net cash flow from operating activities using the indirect method?
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The ASQ Auditing Handbook
Authors: J. P. Russell
3rd Edition
0873896661, 978-0873896665
