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Given the Following Information for a Recent Financial Period Determine

Question 53

Multiple Choice

Given the following information for a recent financial period determine the net cash flow from operating activities. Use the indirect approach.
Accounts receivable decreased by $6000
Profit was $18 000
Depreciation was $2000
Prepaid expense decreased by $3000


A) $15 000
B) $18 000
C) $21 000
D) $29 000

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