Business, 05.07.2020 01:01 NotYourStudent

A company's income statement showed the following: net income, $133,000 and depreciation expense, $32,700. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $10,300; merchandise inventory increased $19,800; and accounts payable increased $4,300. Calculate the net cash provided or used by operating activities.

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A company's income statement showed the following: net income, $133,000 and depreciation expense, $3...