Ames Company reported 2020 net income of $151,000. During 2020, accounts receivable increased by $15,000...
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Accounting
Ames Company reported 2020 net income of $151,000. During 2020, accounts receivable increased by $15,000 and accounts payable increased by $9,000. Depreciation expense was $44,000. Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method
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