Broussard Company reported net income of $3.5 million in 2022. Depreciation for the year was $520,000, accounts
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Broussard Company reported net income of $3.5 million in 2022. Depreciation for the year was $520,000, accounts receivable increased $500,000, and accounts payable increased $300,000. Compute net cash flow from operating activities using the indirect method.
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Related Book For
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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