Question
During 2020 the Cullumber Company had a net income of $85200. In addition, selected accounts showed the following changes: Accounts Receivable$3400increase Accounts Payable800increase Buildings 4100decrease
During 2020 the Cullumber Company had a net income of $85200. In addition, selected accounts showed the following changes:
Accounts Receivable$3400increase
Accounts Payable800increase
Buildings
4100decrease
Depreciation Expense1700increase
Bonds Payable8400increase
What was the amount of cash provided by operating activities?
$84300.
$85200.
$86900.
$95400.
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Cost Accounting Principles And Applications
Authors: Horace Brock, Linda Herrington, La Vonda Ramey
7th Edition
0071115609, 978-0071115605
