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Author Question: Monroe's Industries reported net income of $18,000 and paid cash dividends of $2,000. Changes in ... (Read 72 times)

erikka246

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on: Feb 5, 2023
Monroe's Industries reported net income of $18,000 and paid cash dividends of $2,000. Changes in balance sheet accounts for the year were as follows:

​​Increase (Decrease)
Accounts receivable($5,000)
Inventory5,000
Property, plant and equipment25,000
Accumulated depreciation5,000
Depreciation expense3,000
Accounts payable6,000
Accrued liabilities(2,000)

Based on the above information, what is the amount of net cash provided by operations?
◦ $15,000
◦ $1,000
◦ $30,000
◦ $21,000
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by erikka246 on Feb 5, 2023

mllong

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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erikka246

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

ryansturges

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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