The net income for Bohnert Co. for 2012 was $280,000. For 2012, depreciation on plant assets was

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The net income for Bohnert Co. for 2012 was $280,000. For 2012, depreciation on plant assets was $70,000, and the company incurred a loss on sale of plant assets of $28,000. Compute net cash provided by operating activities under the indirect method.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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