Question
Consider the following information: Net income $20,000 Depreciation 3,000 Increase in accounts receivable 1,000 Decrease in prepaid rent (400) Increase in accrued liabilities 900
Consider the following information: Net income $20,000 Depreciation 3,000 Increase in accounts receivable 1,000 Decrease in prepaid rent (400) Increase in accrued liabilities 900 Cash paid to purchase office equipment 4,000 What is the net cash provided by operating activities? $17,500 $18,500 $21,500 $23,300
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Financial Accounting Information For Decisions
Authors: Robert w Ingram, Thomas L Albright
6th Edition
9780324313413, 324672705, 324313411, 978-0324672701
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