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Hendrickson Corporation reported net income of $87,000 in 2020. Depreciation expense was $23,000. The following working capital accounts changed. Accounts receivable $11,000 decrease Available-for-sale debt securities 16,000 increase Inventory 7,400 decrease Nontrade note payable 15,000 increase Accounts payable 12,300 decrease Compute net cash provided by operating activities.
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Hendrickson Corporation reported net income of $87,000 in 2020. Depreciation expense was $23,000. Th...
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