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Mathematics, 20.05.2021 03:50 heavendl13
Majorn Auto Parts Store had net income of $95,000 for the year just ended. Majorn collected the following additional information to prepare its statement of cash flows for the year: Increase in accounts receivable $ 130,000 Decrease in inventory $ 32,000 Decrease in accounts payable $ 49,000 Increase in retained earnings $ 43,000 Cash received from sale of building $ 229,000 Gain on sale of building $ 61,000 Depreciation expense $ 46,000 Majorn uses the indirect method to prepare its statement of cash flows. What is Majorn's net cash provided by (used in) operating activities?
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Majorn Auto Parts Store had net income of $95,000 for the year just ended. Majorn collected the foll...
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