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Business, 18.07.2020 22:01 jadajones5313

The comparative balance sheets for Montalvo Company show these changes in noncash current asset accounts: accounts receivable decreased $80,000, prepaid expenses increased $28,500, and inventories increase $33,500.Compute net cash provided by operating activities using the indirect method assuming that net income is $268,900. (Show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,000).)

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