Clark Enterprises reports the following information: Net income $5150000 Depreciation expense 700400 Increase in accounts payable 150000 Increase in accounts receivable 334000 Clark should report cash provided by operating activities of $5150000. $3965600. $5666400. ○ $6334400.
Clark Enterprises reports the following information: Net income $5150000 Depreciation expense 700400 Increase in accounts payable 150000 Increase in accounts receivable 334000 Clark should report cash provided by operating activities of $5150000. $3965600. $5666400. ○ $6334400.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 10MCQ
Related questions
Question
![Clark Enterprises reports the following information:
Net income
$5150000
Depreciation expense
700400
Increase in accounts payable
150000
Increase in accounts receivable
334000
Clark should report cash provided by operating activities of
$5150000.
$3965600.
$5666400.
○ $6334400.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2f45bebc-2afe-45cc-8e28-eea88d146913%2F8f5dffaa-ae8f-4dc5-9502-16bb65b48228%2Fsiwae9l_processed.png&w=3840&q=75)
Transcribed Image Text:Clark Enterprises reports the following information:
Net income
$5150000
Depreciation expense
700400
Increase in accounts payable
150000
Increase in accounts receivable
334000
Clark should report cash provided by operating activities of
$5150000.
$3965600.
$5666400.
○ $6334400.
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