A company's income statement showed the following: net income, $136,000 and depreciation expense, $33,600. An examination of the

Question

3 years ago

5

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.

Business

1 answer:

elixir [45] · Answer 1 · 2022-07-12T18:44:17+03:00

elixir [45]3 years ago

6 0

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