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The following information is available from the current period financial statements: Net income $135,343 Depreciation expense 27,982 Increase in accounts receivable 14,160 Decrease in accounts
The following information is available from the current period financial statements:
Net income | $135,343 |
Depreciation expense | 27,982 |
Increase in accounts receivable | 14,160 |
Decrease in accounts payable | (27,183) |
The net cash flows from operating activities using the indirect method is
a.$135,343
b.$66,018
c.$204,668
d.$121,982
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