Multiple Choice
Orebic Department Store had net income of $642,000 for the year just ended. Orebic collected the following additional information to prepare its statement of cash flows for the year:
Orebic uses the indirect method to prepare its statement of cash flows. What is Orebic's net cash provided (used) by operating activities?
A) $518,000
B) $588,000
C) $838,000
D) $870,000
Correct Answer:

Verified
Correct Answer:
Verified
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