Question
Kingbird, Inc. recorded the following cash transactions for the year: Paid $181500 for salaries. Paid $79500 to purchase office equipment. Paid $16600 for utilities. Paid
Kingbird, Inc. recorded the following cash transactions for the year:
Paid $181500 for salaries.
Paid $79500 to purchase office equipment.
Paid $16600 for utilities.
Paid $8500 in dividends.
Collected $373000 from customers.
What was Kingbird's net cash provided by operating activities?
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
