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Calculate the net cash provided

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Problem - Oriole Ltd. reported profit of $459,000 for the year ended November 30, 2021. Depreciation expense for the year was $94,500, Accounts Receivable increased by $43,200, Prepaid Expenses decreased by $18,900, and Accounts Payable increased by $91,800. Calculate the net cash provided (used) by operating activities using the indirect method.

Reference no: EM133012244

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