The following information is available from the current period financial statements: Net income $137,243 Depreciation expense 25,529 Increase in accounts receivable 15,102 Decrease in accounts payable 21,567 The net cash flow from operating activities using the indirect method is a.$199,441 b.$75,045 c.$137,243 d.$126,103

The following information is available from the current period financial statements: Net income $137,243 Depreciation expense 25,529 Increase in accounts receivable 15,102 Decrease in accounts payable 21,567 The net cash flow from operating activities using the indirect method is a.$199,441 b.$75,045 c.$137,243 d.$126,103

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter4: Accounting For Retail Operations

Section: Chapter Questions

Problem 4.6.1P

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