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Business, 26.11.2019 21:31 memeE15

The following information has been provided to you by rkj company:

net income $ 300,000
decrease in accounts payable $ 114,000
increase in inventory $ 22,000
increase in accounts receivable $ 24,000
decrease in bonds payable $ 25,000
loss on sale of asset $ 19,000
depreciation expense $ 40,000
decrease in income taxes payable $ 12,000

using the indirect method, what is the net cash provided by operating activities?

a) $231,000.

b) $187,000.

c) $206,000.

d) $168,000.

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Answers: 3

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The following information has been provided to you by rkj company:

net income $ 300,000...

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