Northside Retail Ltd. reported net income of $140,000. Durin…
Northside Retail Ltd. reported net income of $140,000. During the same period, accounts receivable increased by $22,000, inventory decreased by $16,000, and accounts payable increased by $11,000. After incorporating these changes, the company reports cash flow from operating activities of $145,000. Which of the following best explains this result?
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