Cheyenne Corp. reported net income of $176000 for the year ended December 31, 2022. During the year,
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Cheyenne Corp. reported net income of $176000 for the year ended December 31, 2022. During the year, Inventories decreased by $35200, accounts payable decreased by $52800 depreciation expense was $39600 and a gain on disposal of equipment of $13200 was recorded. Net cash provided by operating activities in 2022 using the indirect method was
$184800
$246400
$215600
$211200
Related Book For
Principles of Managerial Finance
ISBN: 978-0133507690
14th edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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