Help SaveExitSubmit 38 In preparing a companys statement of

Help Save&ExitSubmit; 38 In preparing a company\'s statement of cash flows for the most recent year using the indirect method, the following 2.5 points Accounts pyable increased by Accounts receivable decreased by 28,000 45,ee0 by Cash dividends paid were Depreciation expense was 15,e00 24,000 40,000 Net cash provided by operating activities was $190.000 591.000 Prex 38 of 40l! Naxt> O Type here to search

Solution

Net income 62000 Add:depreciation expense 40000 Add:increase in AP 28000 Add:decrease in AR 45000 Add:decrease in inventory 15000 Net cash flow from operating activities $190,000