Net income is $43,774. During the year, the company had $25.417 depreciation expense and a gain on sale of assets of$24,417. In addition, accounts receivable increased $5,242, supplies decreased $849 and accounts payable increased$7,201. What is the net cash provided by operations under the indirect method? If the answer is a source, leave thenumber.pociti

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What is the net cash provided by operations under the indirect method?

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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Question

Net income is $43,774. During the year, the company had $25.417 depreciation expense and a gain on sale of assets of
$24,417. In addition, accounts receivable increased $5,242, supplies decreased $849 and accounts payable increased
$7,201. What is the net cash provided by operations under the indirect method? If the answer is a source, leave the
number.pociti

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