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Andrew Company's Financial Statements Show a Net Income of $756,000

Question 21

Multiple Choice

Andrew Company's financial statements show a net income of $756,000 in 2019. The following items also appear on Wang's balance sheet:
Andrew Company's financial statements show a net income of $756,000 in 2019. The following items also appear on Wang's balance sheet: Using the indirect method, what is Wang's net cash flow from operating activities in 2019? A) $ 884,000 B) $ 544,000 C) $ 948,000 D) $1,088,000 Using the indirect method, what is Wang's net cash flow from operating activities in 2019?


A) $ 884,000
B) $ 544,000
C) $ 948,000
D) $1,088,000

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