Question

A company's income statement showed the following: net income, $136,000 and depreciation expense, $33,600. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,300; merchandise inventory increased $21,800; and accounts payable increased $5,300. Calculate the net cash provided or used by operating activities.
a. $137,000.
b. $183,900.
c. $140,300.
d. $173,500.
e. $206,500.

Answer 1

Eeeeeeeeew
Hope this helps pass