Question: View Policies Current Attempt in Progress The comparative balance sheets for Novak Corp, show these changes in noncash current asset accounts: accounts receivable decreased $98.000,

View Policies Current Attempt in Progress The comparative balance sheets for Novak Corp, show these changes in noncash current asset accounts: accounts receivable decreased $98.000, prepaid expenses increased $35,000, and inventories increased $52,000, Compute net cash provided by operating activities using the indirect method, assuming that net income is $198,000. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis eg. (15,000).) Novak Corp. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to Adjustments to reconcile net income to $ >
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