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Question
The accounting records of Miller Company provided the data below ($ in 000s).
| Net income | $ | 17,500 |
| Depreciation expense | 8,400 | |
| Increase in accounts receivable | 4,400 | |
| Decrease in inventory | 6,400 | |
| Decrease in prepaid insurance | 1,500 | |
| Decrease in salaries payable | 2,700 | |
| Increase in interest payable | 900 | |
What is the net cash provided (used) by operating activities?
A. $20,600
B. $27,600
C. $3,800
D. ($27,600)
E. $41,800
Answer
This answer is hidden. It contains 65 characters.
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