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COMPANY REPORTEO NET CASH FLOW FROM OPERATING ACTIVITIES OF $ 178.750 ON...

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Question

Accounting

COMPANY REPORTEO NET CASH FLOW FROM OPERATING ACTIVITIES OF $
178.750
ON ITS STATEMENT OF
CASH FLOWS FOR THE YEAR ENDED OECEMBER
31
,
2021.
THE FOLLOWING INFORMATION WAS REPORTED IN
THE CASH FLOWS FROM OPERATING ACTIVITIES SECTION OF THE STATEMENT OF CASH FLOWS, USING
INDIRECT METHOD:
DECREASE IN INCOME TAXES PAYABLE
INCREASE IN PRPAID EXPENSES
DEPRECIATION
INCREASE IN ACCOUNTS PAYABLE
DECREASE IN INVENTORIES
GAIN ON SALE OF INVESTMENTS
INCREASE IN ACCOUNT RECEIVABLE
3
,
850
1
,
485
14
,
740
2
,
640
9
,
570
6
,
600
7.150
DETERMINE THE NET INCOME REPORTED BY THE R&M COMPANY FOR THE YEAR ENDED DECEMBER

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