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Consider the following: Net income, $190,000 Depreciation Expense $22.000 Increase in accounts receivable, $8,000 Decrease in merchandise inventory, $40,000 .Decrease in accounts payable, $16,000 Increase
Consider the following: Net income, $190,000 Depreciation Expense $22.000 Increase in accounts receivable, $8,000 Decrease in merchandise inventory, $40,000 .Decrease in accounts payable, $16,000 Increase in income taxes payable, $6,000 Using the Indirect Method, the Net Cash provided by Operating Activities was: Select one: O A. $212,000 O B. $234,000 O C. $202,000 D. $180,000
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