Waterway Company reported net income of $71500 for the year. During the year, accounts receivable increased by $6100, accounts payable decreased by $5400 and depreciation expense of $8500 was recorded. Net cash provided by operating activities for the year is O $71500 O $68500 O $91500 $63700 Question 10 of 50 -/1 View Policies Current Attempt in Progress Oriole, Inc. has the following income statement (in millions): Oriole, Inc. Income Statement For the Year Ended December 31, 2019 Net Sales $290 Cost of Goods Sold 1537 Gross Profit 1363 Operating 49 Expenses Net Income $873 Using vertical analysis what percentage is assigned to cost of Goods Sold? 47% 53% 100% Question 16 of 50 View Policies Current Attempt in Progress The current assets of Crane Company are $110000. The current liabilities are $100000. The current ratio expressed as a proportion O 110% O 11:1 O $110000 $100000 O 0.11:1 Current Attempt in Progress Sunland Company had $448000 of current assets and $160000 of current liabilities before borrowing $70000 from the bank with a 3-month note payable. What effect did the borrowing transaction have on Sunland Company's current ratio? The ratio increased O The ratio decreased The ratio remained unchanged. The change in the current ratio cannot be determined