Robbins Company uses the indirect method to prepare its statement of cash flows. If the net cash

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Robbins Company uses the indirect method to prepare its statement of cash flows. If the “net cash provided by operations” on its statement was $55,000, what would the net cash provided by operations using the direct method be?
a. Less than $55,000
b. $55,000
c. More than $55,000
d. Cannot be determined from the information provided

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Managerial Accounting

ISBN: 9780137858514

7th Edition

Authors: Karen W. Braun, Wendy M. Tietz

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