A company's net income for the current year was $355000. Depreciation was $46000. Accounts receivable...
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Accounting
A company's net income for the current year was $355000. Depreciation was $46000. Accounts receivable and inventories decreased by $15000 and $24000, respectively. Prepaid expenses and salaries payable increased, respectively, by $1000 and $12000. Equipment was sold at a gain of $7000 How much cash was provided by operating activities? $426000$351000$444000$396000
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