Question
Vaughn Company reported net income of $72000 for the year. During the year, accounts receivable decreased by $8500, accounts payable increased by $3800 and depreciation
Vaughn Company reported net income of $72000 for the year. During the year, accounts receivable decreased by $8500, accounts payable increased by $3800 and depreciation expense of $4500 was recorded. Net cash provided by operating activities for the year is
$88800.
$72200.
$59700.
$67500.
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Accounting What The Numbers Mean
Authors: David H. Marshall, Wayne William Mcmanus, Daniel Marshall Viele, Mcmanus Marshall, Daniel F. Viele
10th Edition
1259060705, 978-1259060700
