The following information is available from the current period financial statements Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable The net cash flow from operating activities using the indirect method is a. $182,639 b. $70,929 Oc. $118,179 d. $126,784 $126,784 23,625 14,974 17,256

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 33BE
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The following information is available from the current period financial statements:
Net income
Depreciation expense
Increase in accounts receivable
Decrease in accounts payable
The net cash flow from operating activities using the indirect method is
Oa. $182,639
Ob. $70,929
Oc. $118,179
Od. $126,784
$126,784
23,625
14,974
17,256
Transcribed Image Text:The following information is available from the current period financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable The net cash flow from operating activities using the indirect method is Oa. $182,639 Ob. $70,929 Oc. $118,179 Od. $126,784 $126,784 23,625 14,974 17,256
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