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Find operating activities under the indirect method

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Question - Baxter Company reported a net loss of $17,098 for the year ended December 31. During the year, accounts receivable decreased by $5,237, merchandise inventory increased by $11,225, accounts payable increased by $8,875, and depreciation expense of $4,276 was recorded. During the year, operating activities under the indirect method

a. provided net cash of $9,935.

b. used net cash of $17,098.

c. provided net cash of $17,098.

d. used net cash of $9,935.

Reference no: EM132183320

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