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Catalina Company reported a net loss of $15,000 for the year ended December 31, 2022. During the year, accounts receivable decreased $7,500, inventory increased $12,000,
Catalina Company reported a net loss of $15,000 for the year ended December 31, 2022. During the year, accounts receivable decreased $7,500, inventory increased $12,000, accounts payable increased by $15,000, and depreciation expense of $9,000 was recorded. During 2022, operating activities Group of answer choices provided net cash of $4,500. used net cash of $4,500. used net cash of $10,500. provided net cash of $10,500.
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