In its most recent financial year the Michelbook Country Club reported that Accounts payable increased $13 000; inventory decreased $9000; profit was $22,000 and depreciation expense was $5000.On the statement of cash flows,net cash flow from operating activities is: Use the indirect approach

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The Answer of In its most recent financial year the Michelbook Country Club reported that Accounts payable increased $13 000; inventory decreased $9000; profit was $22,000 and depreciation expense was $5000.On the statement of cash flows,net cash flow from operating activities is: Use the indirect approach

In Its Most Recent Financial Year the Michelbook Country Club