Consider the following information: Calculate Cash flow from operating activities using the indirect method. |Purchases of equipment
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Consider the following information:
Calculate Cash flow from operating activities using the indirect method.
Transcribed Image Text:
|Purchases of equipment Net Income Accounts receivable icrease8 Dividends paid Depreciation expense Long term debt increase Inventories increase 64 20 24 Income tax payable increase 30 Accounts payable decrease 18
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Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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