Consider the following information: Net income $20,000 Depreciation 3,000 Increase in accounts receivable 1,000 Decrease in...

 

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Consider the following information: Net income $20,000 Depreciation 3,000 Increase in accounts receivable 1,000 Decrease in prepaid rent (400) Increase in accrued liabilities 900 Cash paid to purchase office equipment 4,000 What is the net cash provided by operating activities? $17,500 $18,500 $21,500 $23,300 Consider the following information: Net income $20,000 Depreciation 3,000 Increase in accounts receivable 1,000 Decrease in prepaid rent (400) Increase in accrued liabilities 900 Cash paid to purchase office equipment 4,000 What is the net cash provided by operating activities? $17,500 $18,500 $21,500 $23,300

Answer rating: 100% (QA)

CASH FLOW FROM OPERATING ACTIVITIES Particulars Am... View the full answer