51 1.67 points Selected accounts from the balance sheet of the Local Beach Brewery are below: 12/31/21 12/31/20 Accounts $36,000 $28,000 Receivable $54,000 $36,000 $13,000 $18,000 $14,000 Inventoryy Prepaid Expenses Accounts Payable $34,000 In addition, Local Beach had net income of $49,000 and depreciation expense of $6.000. Using the operating activities during 2021? O $56,000 O $53,000 $54,000 O $41,000
51 1.67 points Selected accounts from the balance sheet of the Local Beach Brewery are below: 12/31/21 12/31/20 Accounts $36,000 $28,000 Receivable $54,000 $36,000 $13,000 $18,000 $14,000 Inventoryy Prepaid Expenses Accounts Payable $34,000 In addition, Local Beach had net income of $49,000 and depreciation expense of $6.000. Using the operating activities during 2021? O $56,000 O $53,000 $54,000 O $41,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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51 1.67 points Selected accounts from the balance sheet of the Local Beach Brewery are below: 12/31/21 12/31/20 Accounts $36,000 $28,000 Receivable $54,000 $36,000 $13,000 $18,000 $14,000 Inventoryy Prepaid Expenses Accounts Payable $34,000 In addition, Local Beach had net income of $49,000 and depreciation expense of $6.000. Using the operating activities during 2021? O $56,000 O $53,000 $54,000 O $41,000
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