Question: Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc. Income Statement Year Ended

Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc. Income Statement Year Ended December 31, 2024 Revenues and Gains: Sales Revenue $154,000 Interest Revenue 6.700 Total Revenues and Gains Expenses and Losses: Cost of Goods Sold $150,000 Salary Expense 21,000 Depreciation Expense 7,400 $160,700 O A $44.000 OB. $10,300 O C. $(66,200) OD. S(38,900) Salary Expense Depreciation Expense Other Operating Expenses Interest Expense Loss on Sale of Plant Assets Income Tax Expense Total Expenses and Losses Net Income (Loss) 21,VOU 7,400 13,500 16,500 5,100 6,000 219,500 $(58,800) Additional information provided by the company includes the following Current assets, other than cash, decreased by $5,200. Current liabilities increased by $2,200 Compute the net cash provided by (used for) operating activities O A. $44,000 OB. $10,300 O C. $(66,200) OD. $(38,900)
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