Explain the operating activities under the indirect method


Creble Company reported net income for 2011 in the amount of $46,000. The company's financial statements also included the following: Increase in accounts receivable $4,900 Decrease in inventory 2,300 Depreciation expense 3,400 Gain on sale of equipment 5,200 In the statement of cash flows what is net cash provided by operating activities under the indirect method?

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Accounting Basics: Explain the operating activities under the indirect method
Reference No:- TGS0720047

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