CMA Part 1 Practice Questions - Certified Management Accountant - Part 1 Financial Planning, Performance, And Analytics Exam

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A company reports net income of $150,000, depreciation expense of $25,000, an increase in accounts receivable of $10,000, and a decrease in accounts payable of $8,000. Using the indirect method, what is the net cash provided by operating activities?

$$133,000 $$157,000 $$167,000 $$193,000

Correct Answer:

$$157,000

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