From the following, calculate the net cash flows from operating activities (use the indirect method): 2018 2019
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From the following, calculate the net cash flows from operating activities (use the indirect method):
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2018 2019 Accounts Receivable $ 5,200 $7,400 Prepaid Insurance 905 849 Accounts Payable 4,000 4,597 Salaries Payable 900 2,050 For the year ended 2019: Net Income $17,900 Depreciation Expense 3,900
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Cash Flows from Operating Activities Net Income 17900 AddDeduct Ite...View the full answer
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College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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