he following information is available from the current period financial statements: Net income $117,355 Depreciation expense 24,849 Increase in accounts receivable 15,110 Decrease in accounts payable 21,436 The net cash flow from operating activities using the indirect method is a.$105,658 b.$178,750 c.$55,960 d.$117,355

he following information is available from the current period financial statements: Net income $117,355 Depreciation expense 24,849 Increase in accounts receivable 15,110 Decrease in accounts payable 21,436 The net cash flow from operating activities using the indirect method is a.$105,658 b.$178,750 c.$55,960 d.$117,355

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 16MCQ

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