Grouper company reported net income of 27 million in 2017


Question - Grouper Company reported net income of $2.7 million in 2017. Depreciation for the year was $502,000; accounts receivable increased $482,000; and accounts payable increased $282,000. Compute net cash flow from operating activities using the indirect method.

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Accounting Basics: Grouper company reported net income of 27 million in 2017
Reference No:- TGS02394662

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