Question: A Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Company Income Statement Year Ended December
A Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Company Income Statement Year Ended December 31, 2017 Additional information provided by the company includes the following: 1. Current assets, other than cash, increased by $20,000. 2. Current liabilities decreased by $1,500. Compute the net cash provided by (used for) operating activities. $11,700$35,600$26,700$40,700 No answer is correct
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