ACC 2312 Managerial Accounting Assignment

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ACC 2312 Managerial Accounting Assignment - University of the Incarnate Word, USA

Question - H&M, Inc. reported the following data:

Net income $200,000

Depreciation expense 25,000

Loss on disposal of equipment 30,000

Increase in accounts receivable 20,000

Decrease in accounts payable (8,000)

Requirement - Prepare the cash flows for operating activities under the indirect method as it would appear on the statement of cash flows.

Reference no: EM132572870

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ACC 2312 Managerial Accounting Assignment : ACC 2312 Managerial Accounting Assignment Help and Solution - University of the Incarnate Word, USA - Homework Help
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