Telfer, Inc. reported net income of $2.4 million in 2014. Depreciation for the year was $162,030, accounts
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Telfer, Inc. reported net income of $2.4 million in 2014. Depreciation for the year was $162,030, accounts receivable decreased $363,160, and accounts payable decreased $287,420.
Compute net cash provided by operating activities using the indirect method.
Related Book For
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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