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A company had net income of $1050200. Depreciation expense is $129800. During the year, accounts receivable and inventory increased $70800 and $188800, respectively. Prepaid expenses
A company had net income of $1050200. Depreciation expense is $129800. During the year, accounts receivable and inventory increased $70800 and $188800, respectively. Prepaid expenses and accounts payable decreased $9440 and $18880, respectively. There was also a loss on the sale of equipment of $14160. How much cash was provided by operating activities?
$896800. |
| $925120. |
| $1274400. |
| $1331040. |
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