A company had net income of 269793 depreciation expense is, Ask an Expert

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A company had net income of $269,793. Depreciation expense is $20,449. During the year, Accounts Receivable and Inventory increased $15,611 and $35,745, respectively. Prepaid Expenses and Accounts Payable decreased $1,815 and $5,689, respectively. There was also a loss on the sale of equipment of $7,684. How much cash was provided by operating activities?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9984795

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