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Net income is $132,000, accounts payable increased...

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Solution


Question

Net income is $132,000, accounts payable increased $10,000 during the year, inventory decreased $6,000 during the year, and accounts receivable increased $12,000 during the year. Under the indirect method, what is net cash provided by operations? (a)$102,000. (b)$112,000. (c)$124,000. (d)$136,000.,Good answer.Thanks

 

Paper#9119 | Written in 18-Jul-2015

Price : $25
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