medium · Financial Accounting statement-of-cash-flows
A firm's Net Income for the year is 150,000. During the year, Accounts Receivable increased by20,000, Inventory decreased by 10,000, and Accounts Payable increased by5,000. Depreciation Expense was $30,000.
What is the Net Cash Provided by Operating Activities using the indirect method?
- $145,000
- $175,000
- $185,000
- $165,000
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