During 2013 warner company earned net income of 750000, Ask an Expert

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During 2013, Warner Company earned net income of $750,000 which included depreciation expense of $90,000. In addition, the company experienced the following changes in account balances: Increase in accounts payable, $55,000; Increase in inventory, $75,000; Decrease in accounts receivable, $30,000. Based upon this information, what amount will be shown for net cash provided by operating activities for 2013?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942313

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