Business, 05.03.2022 06:40 harleyandpope90
A company's income statement showed the following: net income, $124,000 and depreciation expense, $30,000. The company's current assets and current liabilities showed the following changes: accounts receivable decreased $9,400; merchandise inventory increased $18,000; and accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.
Answers: 2
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A company's income statement showed the following: net income, $124,000 and depreciation expense, $3...
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