Question: View Policies Current Attempt in Progress Skysdng, Inc. reported net income of $164000 for the year ended December 31, 2022. During the year, inventories decreased
View Policies Current Attempt in Progress Skysdng, Inc. reported net income of $164000 for the year ended December 31, 2022. During the year, inventories decreased by $32800, accounts payable decreased by $49200, depreciation expense was $36900 and a gain on disposal of equipment of $12300 was recorded. Net cash provided by operating activities in 2022 using the Indirect method was $200900 $229600 $196800 $172200
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
