Creble Company reported net income for 2021 in the amount of $47,000. The company's financial statements also included the following: Increase in accounts receivable Decrease in inventory Depreciation expense Gain on sale of equipment $4,800 2,400 3,900 4,700 In the statement of cash flows what is net cash provided by operating activities under the indirect method? Multiple Choice $43,800. $48,600. $36,000. $62,800.

Creble Company reported net income for 2021 in the amount of $47,000. The company's financial statements also included the following: Increase in accounts receivable Decrease in inventory Depreciation expense Gain on sale of equipment $4,800 2,400 3,900 4,700 In the statement of cash flows what is net cash provided by operating activities under the indirect method? Multiple Choice $43,800. $48,600. $36,000. $62,800.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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am.200.
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