The net income for Metz Co. for 2019 was $280,000. For 2019, depreciation on plant assets was

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The net income for Metz Co. for 2019 was $280,000. For 2019, depreciation on plant assets was $70,000, and the company incurred a loss on disposal of plant assets of $12,000. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts.
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Financial Accounting

ISBN: 978-1119305736

10th edition

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

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