Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ABC company has 2015 net income of $43,000. If Income tax payable is decreased by $3,000, inventory is increased by $10,000, and the company paid
ABC company has 2015 net income of $43,000. If Income tax payable is decreased by $3,000, inventory is increased by $10,000, and the company paid dividend of $1,500, what is the net cash provided by operating activities?
Group of answer choices
30,000
46,000
53,000
28,500
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started