Managerial Accounting: Tools for Business Decision Making
7th Edition
ISBN: 9781118334331
Author: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Publisher: WILEY
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Chapter 13, Problem 13.10E
Compute net cash provided by operating activities—direct method.
(LO 4), AP
Macgregor Company completed its first year of operations on December 31.2017. Its initial income statement showed that Macgregor had revenues of $192,000 and operating expenses of $78,000.
Instructions
Compute net cash provided by operating activities using the direct method.
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Chapter 13 Solutions
Managerial Accounting: Tools for Business Decision Making
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