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Bogdan [553]
3 years ago
14

n preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is

available: Net income for the year was $52,000 Accounts payable decreased by 18,000 Accounts receivable increased by 25,000 Inventories increased by 5,000 Depreciation expense was 30,000 Net cash provided by operating activities was:
Business
1 answer:
nalin [4]3 years ago
3 0

Answer:

$34,000

Explanation:

Calculation for the Net cash provided by operating activities

Net income 52,000

Adjustments :

Add Depreciation expense 30,000

Less Decrease in Accounts payable (18,000)

Less Increase in accounts receivables (25,000)

Less Increase in inventories (5,000)

Net cash provided by operating activities $34,000

Therefore Net cash provided by operating activities was: $34,000

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Motivation
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4 years ago
Aaron is writing a persuasive request to his supervisor. what should he do in the closing of his message?
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4 years ago
Panco, a U.S. entity, has a subsidiary, Sanco, located in a foreign country. Sanco's operations are concentrated in the country
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3 years ago
John F. Kennedy belleved that a leader should be
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Answer:

c

Explanation:

8 0
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According to the law of ________, the quantity of Indian rupees demanded by U.S. consumers will ________ when the price of India
Ostrovityanka [42]

Answer:

demand

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Explanation:

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