The following information is available from the current period financial statements: $ 116,406 25,140 25,519 23,537 Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable The net cash flow from operating activities using the indirect method is Oa. $190,602 Ob. $92,490 Oc. $116,406 Od. $93,248

The following information is available from the current period financial statements: $ 116,406 25,140 25,519 23,537 Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable The net cash flow from operating activities using the indirect method is Oa. $190,602 Ob. $92,490 Oc. $116,406 Od. $93,248

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter5: Inventories And Cost Of Goods Sold

Section: Chapter Questions

Problem 5.19E

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