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What the net cash flows from operating activities

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Reference no: EM133100671

Question - The following information is available from the current period financial statements:

Net income $129,033

Depreciation expense 26,619

Increase in accounts receivable 16,875

Decrease in accounts payable (26,515)

Required - What the net cash flows from operating activities using the indirect method?

a. $199,042

b. $59,024

c. $129,033

d. $112,262

Reference no: EM133100671

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