Kahn company is a merchandiser that reported net income of

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Kahn Company is a merchandiser that reported net income of $90,000. Additional information follows: decrease in accounts receivable 3,000 increase in prepaid expense 4,000 depreciation expense 9,000 increase in accounts payable 6,000 decrease in taxes payable 5,000 dividends paid to common stockholders 20,000 Based on this information, under the indirect method the cash provided by operating activities on the statement of cash flows would be?

Reference no: EM13609724

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