Question
Consider the following: Net Income $51,900 Depreciation Expense 36,000 Gain on Sale of Land 22,500 Increase in Inventory 6,150 Increase in Wages Payable 18,450 Payment
Consider the following:
| Net Income | $51,900 |
| Depreciation Expense | 36,000 |
| Gain on Sale of Land | 22,500 |
| Increase in Inventory | 6,150 |
| Increase in Wages Payable | 18,450 |
| Payment of Dividends | 6,000 |
Calculate the net cash provided (or used) by operating activities using the indirect method.
Select one:
A. $38,100
B. $107,700
C. $71,700
D. $77,700
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Auditing Trust And Governance Developing Regulation In Europe
Authors: Reiner Quick, Stuart Turley, Marleen Willekens
1st Edition
0415448905, 9780415448901
