Question: Is my answer correct? Current Attempt in Progress Plexis Company reported net income of $148,000. For 2020, depreciation was $45,000, and the company reported a
Is my answer correct?
Current Attempt in Progress Plexis Company reported net income of $148,000. For 2020, depreciation was $45,000, and the company reported a gain on sale of investments of $12,000. Accounts receivable increased $25,000 and accounts payable decreased $23,000. Compute net cash provided by operating activities using the indirect method. Net cash provided by operating activities $ 133000Step by Step Solution
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