Using the indirect method, depreciation expense for the period Select one: O a. is deducted...
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Using the indirect method, depreciation expense for the period Select one: O a. is deducted from profit. O b. causes cash to increase. O c. is added to profit. O d. causes cash to decrease. Neo Corporation reported profit of $ 30,000 for the year. During the year, accounts receivable increased by $ 7,000, accounts payable decreased by $3,000 and depreciation expense of $ 5,000 was recorded. Net cash provided by operating activities for the year is what amount.? Enter your response in whole numbers only, with NO dollar sign and NO decimal, and NO comma's; in fact, no alpha-numeric keystrokes of any kind. JUST the numbers as keystrokes. For instance, $49,200.00 must be entered as 49200 and nothing else, just those 5 keystrokes. Round all numbers off to the nearest whole number. Anything else will be marked as incorrect, so be very careful with your entered
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