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Determine the dollar value of cash provided

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Question - Markett Company had net income $575,000. They also had depreciation expense of $150,000, an increase or (decrease) in accounts receivable of -10,000, and an increase or (decrease) in inventory of $15,000. Markett prepares their Statement of cash flow using the indirect method. Use this information to determine the dollar value of cash provided or (used) by operating activities. If the total is a use of cash, enter as a negative number.

Reference no: EM132632601

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