Rogers Company reported net income of $41,603 for the year. During the year, accounts receivable increased by $6,513, accounts payable decreased by $2,657, and depreciation expense of $6,720 was recorded. Net cash flows from operating activities under the indirect method for the year is Oa. $41,603 Ob. $57493 Oc. $39,153 Od. $52.179

Rogers Company reported net income of $41,603 for the year. During the year, accounts receivable increased by $6,513, accounts payable decreased by $2,657, and depreciation expense of $6,720 was recorded. Net cash flows from operating activities under the indirect method for the year is Oa. $41,603 Ob. $57493 Oc. $39,153 Od. $52.179

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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