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Find and calculate cash flow from the operating activities

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Reference no: EM133000297

Problem 1: Calculate cash flow from the operating activities using the indirect method and the following data:

Net Income was $68,000

Accounts Receivable decreased by $13,500

Inventory Increased by $9,000

Proceeds from issuing long term debts was $18,000

Accounts Payable decreased $4,200

Equipment Purchases were $24,500

Depreciation and amortization expense was $19, 500

Reference no: EM133000297

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