Question: pter 12 Homework Seved Help Se 3 Cain Inc. reports net income of $16,000. Its comparative balance sheet shows the following changes: accounts receivable increased

pter 12 Homework Seved Help Se 3 Cain Inc. reports net income of $16,000. Its comparative balance sheet shows the following changes: accounts receivable increased $7.000; Inventory decreased $9.000: prepaid Insurance decrevised $2,000, accounts payable increased $4,000; and taxes payable decreased $3.000. Compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) S 00 29.06 Cash Flows from Operating Activities (Indirect) eBook Adjustments to reconcile net income to not cash provided by operating activities Changes in current assets and liabilities PA Treferences $ 0 3 of Next >

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