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
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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