Gonzalez inc. reported net income of 1.6 million in 2010., Ask an Expert

Accounting

Gonzalez, Inc. reported net income of $1.6 million in 2010. Depreciation for the year was $160,660, accounts receivable decreased $324,650, and accounts payable decreased $287,230. Compute net cash provided by operating activities using the indirect approach.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M964516

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