Question: In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable decreased 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 decreased by Accounts receivable increased by Inventories increased by Depreciation expense $72,000 28,000 35,000 15,000 50,000 Net cash provided by operating activities was
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