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Nikkis neckwear inc used the indirect method to calculate

Problem

Nikki's Neckwear Inc. used the indirect method to calculate net cash provided by operating activities. If the company started with net income of $222,000, a depreciation expense of $76,000, and a loss on disposal of plant assets of $3,700, then what amount should be added to net income to arrive at net cash provided by operating activities?

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Accounting Basics: Nikkis neckwear inc used the indirect method to calculate

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Accounting Basics: Nikkis neckwear inc used the indirect method to calculate

Reference No:- TGS02616203

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