The company's profit was $156,400 for the current year. The company reported a depreciation expense of $25,400 and a gain on sale of investments of $3,200. During the year, accounts receivable decreased by $5,200, inventory increased by $5,600, prepaid expenses decreased by $2,300 and accounts payable increased by $3,700. 

Using the indirect method, what was the amount of cash provided by operating activities?

Answer rating: 100% (QA)

To determine the amount of cash supplied by operational operations using the indirect technique we n... View the full answer