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Compute net cash provided by operating activities

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Reference no: EM13526556

The comparative balance sheets for Howell Company show these changes in noncash current asset accounts: accounts receivable decrease $80,000, prepaid expenses increase $28,000, and inventories increase $40,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $186,000.

Reference no: EM13526556

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