Question: Cornerstone Exercise 11-21 (Algorithmic) Computing Net Cash flow from Operating Activities Brandon Inc reported the following items in its statement of financial position and statement
Cornerstone Exercise 11-21 (Algorithmic) Computing Net Cash flow from Operating Activities Brandon Inc reported the following items in its statement of financial position and statement of earnings net income, 539,200, gainon disposal of equipment, 516,000 increase in accounts receivable, $17.400 decrease in accounts payable, $27,900, and increase in common shares, $50,000 Required: Compute the net cash flown from operating activities using the Indirect method
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