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The information listed below is taken from the financial statements of Swank Incorporated for the year ended December 31, 2020, when net income is $129.
The information listed below is taken from the financial statements of Swank Incorporated for the year ended December 31, 2020, when net income is $129. All amounts are in thousands of dollars: Dec. 31. 2020 Jan. 1. 2020 Cash $ 44 $ 12 Accounts Receivable 12 17 Inventory 63 40 22 8 Accounts Payable Salaries Payable 21 35 Compute cash flow from operating activities using the indirect method. Lumpule casni NU V HOT Per alig aluviues using me ELMEuvu. Luet anivunS LU ve suvu al teu wrun paremises via US PIYEN Net income Add (subtract) Decrease in accounts receivable Increase in inventory Increase in accounts payable Decrease in salaries payable Cash flow from operating activities Enter any number in the edit belds and then continue to the next
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