Use the following information and the indirect method to calculate the net cash from or...
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Accounting
Use the following information and the indirect method to calculate the net cash from or used in operating activities: * Profit before taxes.. Depreciation expenses Payment on mortgage payable Gain on sale of land... Increase in merchandise inventory. Increase in accounts payable. Proceeds from sale of land. Income tax paid. $14,000 12,000 15,000 7,500 2,050 6,150 8,000 1,700 Your
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