Question: Please Help me with this question. Thank you The comparative balance sheets for Crane Company show these changes in noncash current asset accounts: accounts receivable
The comparative balance sheets for Crane Company show these changes in noncash current asset accounts: accounts receivable decreased $67,000, prepaid expenses increased $15,000, and inventories increased $27,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $173,000. (Show amounts that decrease cash flow with either a - sign eg. 15,000 or in parenthesis eg. (15,000)
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