Question
Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net income $ 87,000 Depreciation expense
Use the following information and the indirect method to calculate the net cash provided or used by operating activities:
| Net income | $ 87,000 |
|---|---|
| Depreciation expense | 13,700 |
| Gain on sale of land | 6,600 |
| Increase in merchandise inventory | 3,750 |
| Increase in accounts payable | 7,850 |
Multiple Choice
-
$98,200.
-
$31,800.
-
$16,350.
-
$38,400.
-
$17,350.
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Cloud Computing Data Auditing Algorithm
Authors: Manjur Kolhar, Abdalla Alameen, Bhawna Dhupia, Sadia Rubab, Mujthaba Gulam
1st Edition
1946983144, 978-1946983145
