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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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
Transcribed Image Text: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
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