Business, 05.11.2020 18:50 Geo777

Minette Company reported net income of $200,000 for the year ended December 31, 2022. During the year, inventories decreased by $40,000, accounts payable decreased by $60,000, depreciation expense was $45,000 and a gain on disposal of equipment of $15,000 was recorded. Net cash provided by operating activities in 2022 using the indirect method was: a. $245000.
b. $210000.
c. $240000.
d. $280000

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Minette Company reported net income of $200,000 for the year ended December 31, 2022. During the yea...

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