The following data are available for Bill Mack Corporation. Net income $200,000 Depreciation expense 40,000 Dividends paid

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The following data are available for Bill Mack Corporation.

Net income $200,000 Depreciation expense 40,000 Dividends paid 60,000 Gain on sale of land 10,000 Decrease in accounts receivable 20,000 Decrease in accounts payable 30,000 Net cash provided by operating activities is:

(a) $160,000.

(c) $240,000.

(b) $220,000.

(d) $280,000.

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Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 10, 2024 01:20 AM

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The following data are available for Bill Mack Corporation. Net income $200,000 Depreciation expense 40,000 Dividends paid

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Accounting Tools For Business Decision Making

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