Question

C. Kirk Corporation reported the following data for 2014:
Income statement: Net Income ........ $50,000
Depreciation ................. 8,000
Balance sheet: Increase in Accounts Receivable ..... 6,000
Decrease in Accounts Payable ............ 4,000
Compute C. Kirk Corporation’s net cash provided by operating activities according to the indirect method.


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  • CreatedJuly 08, 2015
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