victoriay3
victoriay3
15.04.2021 • 
Business

The comparative balance sheets for Sheridan Company show these changes in noncash current asset accounts: accounts receivable decreased $73,000, prepaid expenses increased $21,000, and inventories increased $33,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $179,000. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

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