Question: View Policies -13 Current Attempt in Progress Lily, Inc. reported net income of $2.75 million in 2022. Depreciation for the year was $176,000, accounts receivable
View Policies -13 Current Attempt in Progress Lily, Inc. reported net income of $2.75 million in 2022. Depreciation for the year was $176,000, accounts receivable decreased $385,000, and accounts payable decreased $308,000. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000)) Lily, Inc. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to Question 40 of 43 View Policies < Current Attempt in Progress -/3 E 1 Lily. Inc. reported net income of $2.75 million in 2022. Depreciation for the year was $176,000, accounts receivable decreased $385,000, and accounts payable decreased $308,000. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000).) Lily, Inc. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to
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