Business, 18.08.2020 19:01 funmioyeopa

Hilton company reported net income of $30,000 for the year. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000 and depreciation expense of $5,000 was recorded. Using the indirect method, net cash provided by operating activities for the year is: a. $25,000.
b. $45,000.
c. $29,000.
d. $30,000.

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Hilton company reported net income of $30,000 for the year. During the year, accounts receivable inc...