Compute net cash provided by operating activities using the indirect approach

Anonymous
timer Asked: Oct 22nd, 2018
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Question Description

ndigo Corporation reported net income of $3.2 million in 2017. Depreciation for the year was $158,500, accounts receivable decreased $356,400, and accounts payable decreased $276,700.

Compute net cash provided by operating activities using the indirect approach. (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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Tutortosh
School: UCLA

Hello. I have attached the workings on a word document ...

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