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How do you prepare the cash flows for operating activities

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Reference no: EM132570577

Question - H&M, Inc. reported the following data:

Net income $200,000

Depreciation expense 25,000

Loss on disposal of equipment 30,000

Increase in accounts receivable 20,000

Decrease in accounts payable (8,000)

How do you prepare the cash flows for operating activities under the indirect method as it would appear on the statement of cash flows?

Reference no: EM132570577

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