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What is the net cash provided by operating activities

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Reference no: EM131806904

Question - Data below are from the accounting records of the Eastman Company:

Net income $375,000

Depreciation charges 18,000

Increase in accounts payable 37,800

Increase in merchandise inventory 42,500

Increase in long-term liabilities 85,500

Increase in capital stock 34,500

Decrease in accounts receivable 16,250

Based on this information, what is the net cash provided by operating activities on the statement of cash flows using the indirect method?

Reference no: EM131806904

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