Calculate net cash provided by operating activities, Financial Accounting

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Calculate net cash provided by operating activities

Problem

The comparative balance sheets for Ivanhoe Company show these changes in noncash current asset accounts: Accounts Receivable increased $71.800. Prepaid Expenses decreased $23130. and Inventory increased $26925. Calculate net cash provided by operating activities using the indirect method assuming that pro?t is $269,250 for the year ended May 31, 2024.

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Financial Accounting: Calculate net cash provided by operating activities

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