) Charmed, Inc. had net income of $53,000. Accounts Receivable increased by $28,000; inventory decreased by...

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) Charmed, Inc. had net income of $53,000. Accounts Receivable increased by $28,000; inventory decreased by $18,000; accounts payable increased by $4,000 and salaries payable decreased by $1,200. The amount of cash flow from operating activities under the indirect method is: ) Charmed, Inc. had net income of $53,000. Accounts Receivable increased by $28,000; inventory decreased by $18,000; accounts payable increased by $4,000 and salaries payable decreased by $1,200. The amount of cash flow from operating activities under the indirect method is:

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The formula for calculating cash flow from operating activities under the indire... View the full answer