Nordquist Company's net income last year was $33,000.The company did not sell or retire any property,plant,and equipment last year.Changes in selected balance sheet accounts for the year appear below:
Based solely on this information,the net cash provided by operating activities under the indirect method on the statement of cash flows would be:
A) $80,000
B) $18,000
C) $48,000
D) $56,000
Correct Answer:
Verified
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