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3 years ago

net income is 180 depreciation is 50 change in asset and liability accounts is 20 what i the cash provided

Business

1 answer:

kiruha [24]3 years ago

7 0

Answer:

Cash provided by operations is $250

Explanation:

If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?

Cash flows from operating activities

Net Income $180

Adjustments to reconcile net loss

to net cash flow from operating activities

Add: Depreciation $50

Add: Change in net current assets $20 $70

Cash provided by operations $250

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