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Business, 19.03.2020 08:37 bry662

Alfredo Inc. reports net income of $247,000 for the year ended December 31. It also reports $95,100 depreciation expense and a $5,850 gain on the sale of equipment. Its comparative balance sheet reveals a $38,900 decrease in accounts receivable, a $17,450 increase in accounts payable, and a $13,650 decrease in wages payable. Calculate the cash provided (used) in operating activities using the indirect method.

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Alfredo Inc. reports net income of $247,000 for the year ended December 31. It also reports $95,100...
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