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What amount of cash flow from continuing operating activity

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Question 1: Fine furniture company had a net income of $50,000. Accounts receivable increased by $30,000, inventory decreased by $20,000, accounts payable increased by $4000, and salaries payable decreased by $1000. The amount of cash flow from continuing operating activities under the indirect method is?

Option A. $37,000

Option B. $43,000

Option C. $65,000

Option D. $55,000

Reference no: EM132487723

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