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Business, 30.05.2020 22:04 mollymay125

A company's income statement showed the following: net income, $138,000 and depreciation expense, $34,200. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $10,800; merchandise inventory increased $20,800; and accounts payable increased $4,800. Calculate the net cash provided or used by operating activities.

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A company's income statement showed the following: net income, $138,000 and depreciation expense, $3...
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