for a recent year a corporation financial statements reported the following : net income 100000$ depreciation expense
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Question:
for a recent year a corporation financial statements reported the following :
net income 100000$
depreciation expense 10000$
increase in accounts receivable 30000$
the decrease in accounts payable 15000$
Based on the above information what amount will the corporation report as net cash provided by operating activities on the cash flow statement
Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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