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Theta Company reported the following for its most recent year of operations, (in millions): ...

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Accounting

Theta Company reported the following for its most recent year of operations, (in millions):

  • Capital expenditures: $163.10

  • Net income: $46.10

  • Depreciation expense: $49.00

Theta Company uses the indirect method of preparing the statement of cash flows. How will these items effect the statement of cash flows?

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