The following information is available from the current period financial statements: Net income $136,519 Depreciation expense 20,671 Increase in accounts receivable 17,801 Decrease in accounts payable 29,314 The net cash flow from operating activities using the indirect method is a.$204,305 b.$110,075 c.$136,519 d.$68,733

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
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The following information is available from the current period financial statements:

Net income $136,519
Depreciation expense 20,671
Increase in accounts receivable 17,801
Decrease in accounts payable 29,314

The net cash flow from operating activities using the indirect method is

a.$204,305
b.$110,075
c.$136,519
d.$68,733
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