The following information is available from the current period financial statements Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable The net cash flow from operating activities using the indirect method is a. $182,639 b. $70,929 Oc. $118,179 d. $126,784 $126,784 23,625 14,974 17,256

The following information is available from the current period financial statements Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable The net cash flow from operating activities using the indirect method is a. $182,639 b. $70,929 Oc. $118,179 d. $126,784 $126,784 23,625 14,974 17,256

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 16MCQ

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