elbert company

elbert company - (250,000) Decrease in Inventory 500,000...

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Elbert Company Statement of Cash Flows (Operating Activities) - Indirect Method For the Year Ended November 30th, 2008 Cash Flows from Operating Activities Net Income $1,650,000 Adjustments to reconcile net income to net cash provided by operating activities: Deprecation Expense $90,000 Increase in Accounts Recievable
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Unformatted text preview: (250,000) Decrease in Inventory 500,000 Increase in Prepaid Expenses (150,000) Decrease in Accounts Payable (340,000) Decrease in Accrued Expenses Payable (100,000) (250,000) Net Cash Provided by Operating Activities 1,400,000 Daniel Shute and Thomas Trycieki...
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elbert company - (250,000) Decrease in Inventory 500,000...

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