Top Posters
Since Sunday
t
7
m
6
k
6
F
5
j
5
t
5
j
5
G
5
f
5
a
5
d
5
c
5
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
8 years ago
The following data relate to Sorrentino Corporation for last year:

Operating income   $250,000
Net increase in all current assets except cash   $45,000
Net decrease in current liabilities   $30,000
Gain on sale of investments   $8,000
Cash dividends paid on common stock   $35,000
Depreciation expense   $10,000

What is the net cash provided by operating activities for last year on the statement of cash flows for Sorrentino Corporation?
A) $177,000
B) $173,000
C) $142,000
D) $130,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 717 times
1 Reply
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...

8 years ago
You make an excellent tutor!
paulinaibarra98
wrote...

Yesterday
this is exactly what I needed
rene_ram97
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  989 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 98
  
 281
  
 483
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 379
Previous poll results: Which of the following is the best resource to supplement your studies: