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What is jelsa net cash provided by operating activities

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Reference no: EM132811754

The following information relates to Jelsa Corporation for last year:

Net Income $64,000

Net decrease in all current assets except cash 7,000

Net increase in current liabilities 16,000

Dividends paid in common stock 10,000

Depreciation expense8,000 Loss on sale of machinery 5,000

Problem 1: What is Jelsa's net cash provided by operating activities for last year of the statement of cash flows?

a. $54,000

b. $58,000

c. $68,000

d. $100,00

Reference no: EM132811754

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