Business, 18.02.2021 22:00 jessica28757

A company's income statement showed the following: net income, $124,000 and depreciation expense, $30,000. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $9,400; merchandise inventory increased $18,000; and accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.

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A company's income statement showed the following: net income, $124,000 and depreciation expense, $3...

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