The following information is available from the current period financial statements: Net income $111,914 Depreciation expense 37,319 Increase in accounts receivable 15,721 Decrease in accounts payable 25,296 The net cash flows from operating activities using the indirect method is Oa. $190,250 Ob. $84,170 Oc. $108,216 Od. $58,874

The following information is available from the current period financial statements: Net income $111,914 Depreciation expense 37,319 Increase in accounts receivable 15,721 Decrease in accounts payable 25,296 The net cash flows from operating activities using the indirect method is Oa. $190,250 Ob. $84,170 Oc. $108,216 Od. $58,874

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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