Question

In preparing a companys siatement of cash flows for the most recent year using the indirect method, the following information is available Net income for the year was Accounts payable increased by Accounts receivable decreased by Inventories decreased by Cash dividends paid were Depreciation expense was $72,800 33,000 65,900 25,000 34,900 50,000 Net cash provided by opereting activilies was Mutiple Choice $250,000 $11.000 $210.000 $84,000 $110.000

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