Question: In 2012 Jewels Company had net income of 350 000 The

In 2012, Jewels Company had net income of $350,000. The depreciation on plant assets during 2012 was $73,000, and the company incurred a loss on the sale of plant assets of $20,000. All other transactions were cash. Compute net cash provided by operating activities under the indirect method.


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  • CreatedSeptember 01, 2014
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