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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
The following data relate to Austin Corporation for last year:

Operating income   $235,000
Net increase in all current assets except cash   $43,000
Net decrease in current liabilities   $25,000
Cash dividends paid on common stock   $32,000
Gain on sale of investments   $10,000
Depreciation expense   $12,000

What is the net cash provided by operating activities for last year on the statement of cash flows for Austin Corporation?
A) $165,000
B) $123,000
C) $137,000
D) $169,000
Textbook 
Managerial Accounting

Managerial Accounting


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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
Just got PERFECT on my quiz
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Yesterday
this is exactly what I needed
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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