Question
The Roberts Company reported net income of $190,000 in 2016. Additional information follows: Depreciation expense $28,000 Loss on sale of equipment 20,000 Gain on sale
The Roberts Company reported net income of $190,000 in 2016. Additional information follows:
Depreciation expense $28,000
Loss on sale of equipment 20,000
Gain on sale of land 27,000
Given just this information, what was the Roberts Company's net cash provided by operating activities in 2016?
a. $115,000
b. $169,000
c. $211,000
d. $162,000
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Corporate Governance A Pragmatic Guide For Auditors Directors Investors And Accountants Internal Audit And IT Audit
Authors: Vasant Raval
1st Edition
0367862751, 978-0367862756
