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A company had net income of $231240. Depreciation expense is $21320. During the year, accounts receivable and inventory increased $12300 and $32800, respectively. Prepaid expenses
A company had net income of $231240. Depreciation expense is $21320. During the year, accounts receivable and inventory increased $12300 and $32800, respectively. Prepaid expenses and accounts payable decreased $1640 and $11480, respectively. There was also a loss on the sale of equipment of $13940. How much cash was provided by operating activities? $260760. $197620. $211560. $277980.
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