FINANCIAL ACCOUNTING: TOOLS LL W/ ACCES
FINANCIAL ACCOUNTING: TOOLS LL W/ ACCES
9th Edition
ISBN: 9781119493648
Author: Kimmel
Publisher: WILEY
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Net income is $145,000, accounts payable increased by $8,000, inventory decreased by $7,500, and accounts receivable increased by $10,000 during the year. Using the indirect method, what is the net cash provided by operations? (a) $150,500 (b) $138,000 (c) $140,500 (d) $134,000
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