Solution-What was the amount of cash provided by operating

What was the amount of cash provided by operating activities

Reference no: EM132588448

During 2017 the Cullumber Company had a net income of $85200. In addition, selected accounts showed the following changes:

Accounts Receivable $3400 increase

Accounts Payable 800 increase

Buildings 4100 decrease

Depreciation Expense 1700 increase

Bonds Payable 8400 increase

Question 1: What was the amount of cash provided by operating activities?

a) $86900.

b) $95400.

c) $85200.

d) $84300.

Reference no: EM132588448

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What was the amount of cash provided by operating activities

Reference no: EM132588448

Reference no: EM132588448

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