Question
Wildhorse Co. recorded the following cash transactions for the year: Paid $147000 for salaries. Paid $62700 to purchase office equipment. Paid $16000 for utilities. Paid
Wildhorse Co. recorded the following cash transactions for the year:
Paid $147000 for salaries.
Paid $62700 to purchase office equipment.
Paid $16000 for utilities.
Paid $5000 in dividends.
Collected $282000 from customers.
What was Wildhorse net cash provided by operating activities?
$135000
$114000
$119000
$56300
|
| $135000 |
DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428858, 133428850, 133428702, 978-0133428704
