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Question
landis company reported a net loss of $6,000 for the year ended december 31, 2012. during the year, accounts receivable decreased $14,000, merchandise inventory increased $10,000, accounts payable increased by $20,000, and depreciation expense of $10,000 was recorded. during 2012, operating activities
a.used net cash of $2,000
b.used net cash of $28,000
c.provided net cash of $28,000
d.provided net cash of $18,000
Answer
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