ogers Company reported net income of $40,429 for the year. During the year, accounts receivable increased...

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Answer 1

Answer #1

Net cash provided by operating activities = Net income - Increase in accounts receivable - Decrease in accounts payable + Depreciation

= $40,429 - $7,064 - $2,818 + $20,482

= $51,029

Option d.

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Answer 2

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