QUESTION 9 10 points Save Answer Saphire Unlimited Company reported net income of...
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QUESTION 9 10 points Save Answer Saphire Unlimited Company reported net income of $60,000 for the year. During the year, accounts receivable decreased by $6,000, accounts payable increased by $3,000, depreciation expense of $5,000 was recorded, and there was a gain $1,000 on the sale of long-term investments. Using the indirect method, net cash flow from operating activities for the year is: O $73,000. O $60,000. O $40,500. O $81,500
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