Business
Business, 07.03.2020 02:33, zozo72

Hogan Company had the following account balances for 2018: Dec. 31 Jan. 1 Accounts receivable $ 44,000 $ 35,000 Accounts payable 60,000 55,000 Prepaid insurance 15,000 10,000 Hogan reported net income of $300,000 for 2018. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2018 reported in the statement of cash flows?

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Hogan Company had the following account balances for 2018: Dec. 31 Jan. 1 Accounts receivable $ 44,0...

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