Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. blossom, inc. reported net income of $0.8 million

Blossom, Inc. reported net income of $0.8 million in 2025. Depreciation for the year was...

90.2K

Verified Solution

Question

Accounting

image
Blossom, Inc. reported net income of $0.8 million in 2025. Depreciation for the year was $120,000, accounts receivable decreased $262,500, and accounts payable decreased $210,000. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a-sign es. 15,000 or in parenthesis eg. (15,000) )

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

1). What is the difference between Liquidity and Solvency of a firm? 2). Are they equally important...

Chemistry
1.2K views

I wanna learn drawing orbital in computer How to draw 3d orbital in a computer？ which program...

Biology
1.2K views

Describe the biosynthesis of human papillomavirus (HPV). Discuss the transcription of the virus genome into new...

Biology
1.2K views

Points 2 How have about half the states tried to promote voter turnout and make...

Physics
1.2K views

Q 7 75 In the circuit shown the potentiometer wire PQ has length 120 cm...

Physics
1.2K views

You have 1 kg of water and you want to use that to melt 0.1...

Basic Math
1.2K views

On a piece of paper graph y2 x 1 Then determine which answer choice matches...

Calculus
1.2K views

Evaluate the integral using an appropriate substitution 9e9e T dx c C

Accounting
1.2K views

Due to...

Accounting
1.2K views

xes, Shareholder's Equity, Share Based Compensation, Earni... (i) Under its executive stock option...

Accounting
1.2K views

Emerald Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that...

Accounting
1.2K views

cost formula in a perpetual inventory system. In your calculations but round to the nearest...