collins corp reported a net income of 35,000, depreciation expense of $20,000

| September 4, 2016

Question
collins corp reported a net income of 35,000, depreciation expense of $20,000 an increase in accts payable of $2,000 and an increase in accts receivables of $3000. Net cash flow from operating activities using the indirect method is

A $55,000, B %54,000, C $50,000, D $56,000

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