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You are required to find out the net cash flows from operating activities using the indirect method for the following firm data: Net income of
You are required to find out the net cash flows from operating activities using the indirect method for the following firm data: Net income of $137076 in 2018. Depreciation expense for the year is $34774. During the year, Accounts Receivable increased $9441 and Prepaid Expenses decreased $1022. The company also sold equipment at a profit of $3423
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