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Business, 13.03.2020 05:07 icantspeakengles

A company's income statement showed the following: net income, $147,000 and depreciation expense, $36,900. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $11,700; merchandise inventory increased $22,600; and accounts payable increased $5,700. Calculate the net cash provided or used by operating activities.

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A company's income statement showed the following: net income, $147,000 and depreciation expense, $3...
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