In Alona Company, net income is $285,000. If accounts receivable increased $140,000 and accounts payable decreased $40,000,

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In Alona Company, net income is $285,000. If accounts receivable increased $140,000 and accounts payable decreased $40,000, net cash provided by operating activities using the indirect method is: (Points : 1)

$105,000

$185,000

$385,000

$465,000

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Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Posted Date: Jan 03, 2021 11:38 AM

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In Alona Company, net income is $285,000. If accounts receivable increased $140,000 and accounts payable decreased $40,000,

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Using Financial Accounting Information The Alternative to Debits and Credits

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