Business
Business, 29.04.2021 18:00, mullery7482

Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $8 million, and a gain on the sale of equipment of $1 million. Records reveal increases in Accounts Receivable, Inventory, and Accounts Payable of $4 million, $2 million, and $3 million, respectively. Calculate Fidelity's net cash flows from operating activities using the indirect method.

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Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense...

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