The net income for Epstein Co. for 2011 was $280,000. For 2011 depreciation on plant assets was

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The net income for Epstein Co. for 2011 was $280,000. For 2011 depreciation on plant assets was $70,000, and the company incurred a loss on sale of plant assets of $12,000. Compute net cash provided by operating activities under the indirect method.

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Managerial Accounting Tools for business decision making

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Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Aug 01, 2012 03:21 AM

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The net income for Epstein Co. for 2011 was $280,000. For 2011 depreciation on plant assets was

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