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A company's income statement showed the following: net income, $127,000 and depreciation expense, $20,900. An examination of the company's current assets and current liabilities showed
A company's income statement showed the following: net income, $127,000 and depreciation expense, $20,900. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $9,700; merchandise inventory increased $18.600; and accounts payable increased 53,700. Calculate the net cash provided or used by operating activities Multiple Choice o () ST21.00 o 5153,100. o $125,900. o $152,090. o 5182 500
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