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Using the Indirect Method for Preparing the Statement of Cash

Question 87

Multiple Choice

Using the indirect method for preparing the statement of cash flows,what is the net cash flow from operating activities if net income is $39,000;depreciation expense is $9,000;and the decrease in accounts payable is $5,000.


A) $48,000
B) $53,000
C) $35,000
D) $43,000

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