A company had net income of $207,995. Depreciation expense is $28,687. During the year, Accounts Receivable and Inventor
Posted: Thu May 19, 2022 6:51 am
A company had net income of $207,995. Depreciation expense is
$28,687. During the year, Accounts Receivable and Inventory
increased by $15,611 and $34,713, respectively. Prepaid Expenses
and Accounts Payable decreased by $1,981 and $7,936, respectively.
There was also a loss on the sale of equipment of $5,230. How much
cash was provided by operating activities?
Select the correct answer.
$228,765
$241,912
$185,633
$175,173
$28,687. During the year, Accounts Receivable and Inventory
increased by $15,611 and $34,713, respectively. Prepaid Expenses
and Accounts Payable decreased by $1,981 and $7,936, respectively.
There was also a loss on the sale of equipment of $5,230. How much
cash was provided by operating activities?
Select the correct answer.
$228,765
$241,912
$185,633
$175,173