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(Solved) Rhonda’s Roses International, Inc. reported a decrease


Rhonda’s Roses International, Inc. reported a decrease in accounts receivable of $4,500, an increase in prepaid expenses of $5,000, and an increase in inventory of $3,000 during a year. Using the indirect method to calculate net cash provided by operating activities, what is the amount of the total adjustment they must make to their net income of $54,000 to complete the calculation?

 


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Oct 15, 2019

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