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Nordstrand Company's Net Income Last Year Was $36,000

Question 69

Multiple Choice

Nordstrand Company's net income last year was $36,000. Changes in selected balance sheet accounts for the year appear below: Nordstrand Company's net income last year was $36,000. Changes in selected balance sheet accounts for the year appear below: Based solely on this information, the net cash provided by operations under the indirect method on the statement of cash flows would be: A) $4,000 B) $68,000 C) $50,000 D) $54,000
Based solely on this information, the net cash provided by operations under the indirect method on the statement of cash flows would be:


A) $4,000
B) $68,000
C) $50,000
D) $54,000

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