From the information below, what is the amount of cash flow provided (used) by operating activities? Please

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From the information below, what is the amount of cash flow provided (used) by operating activities? Please show your work. Not all items are relevant.

Net Income $12,000

Cash paid for purchase of equipment $4,000

Decrease in accounts payable $4,000

Increase in accounts receivable $3,000

Cash paid for investments $8,000

Depreciation expense $5,000

Cash received from stock issue $20,000

Dividends paid $5,000

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Managerial Accounting

ISBN: 978-1119343615

3rd edition

Authors: Charles E. Davis, Elizabeth Davis

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Posted Date: Mar 18, 2024 02:06 PM

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From the information below, what is the amount of cash flow provided (used) by operating activities? Please

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Managerial Accounting

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