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Demonstrate net cash provided by operating activities

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Reference no: EM132530185

Question 1: In Alona Company, net income is $285,000. If accounts receivable increased $140,000 and accounts payable decreased $40,000, net cash provided by operating activities using the indirect method is:

Option A. $385,000.

Option B. $185,000.

Option C. $465,000.

Option D. $105,000.

Reference no: EM132530185

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