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Plexis Company Reported Net Income of $148000

question 110

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Plexis Company reported net income of $148000. For 2016 depreciation was $45000 and the company reported a gain on sale of investments of $12000. Accounts receivable increased $25000 and accounts payable decreased $23000.
Instructions
Compute net cash provided by operating activities using the indirect method.


Definitions:

Slide Sorter View

A feature in presentation software displaying all the slides in a presentation as thumbnails, allowing for easy reordering and organizing.

Notes Page View

A presentation layout that displays a single slide along with the associated speaker notes in printed or on-screen formats.

Normal View

The default viewing mode in Microsoft Word or PowerPoint, focusing on the document's or presentation's content without displaying page margins or layout details.

Notes Pages

Printable pages in presentation software that include a slide’s content along with any accompanying notes.

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