Question

The following information is available from the current period financial statements: Net income $165,000 Depreciation expense 28,000Increase in accounts receivable 16,000 Decrease in accounts payable 21,000 The net cash flow from operating activities using the indirect method is__________.a. $156,000
b. $188,000
c. $198,000
d. $230,000

Answer 1

Answer:

The correct answer is 156,000

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