Question: In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable increased by Accounts receivable

In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable increased by Accounts receivable decreased by Inventories increased by Depreciation expense $52,000 18,000 25,000 5,000 30,000 Net cash provided by operating activities was: Multiple Choice $120,000 $60,000 Multiple Choice $120,000 OK hces $60,000 $70,000 $80,000 $130,000
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