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Business, 20.08.2020 15:01 Value31

Bailey Hill Co. uses the indirect method to determine its net cash flows from operating activities. During the course of the year, the company's Accounts Receivable increased by $28,000 and its Accounts Payable decreased by $14,000. If these are the only two adjustments required to convert net income to net cash provided by operating activities, the combined effect will be a(n):

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Bailey Hill Co. uses the indirect method to determine its net cash flows from operating activities....
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