Coring Enablad: Derwin Company, a manufacturer, has provided the following Information pertalning to Its recent year of operation • Net Income, $199,000 Accounts recelvable Increased $17,800 - Prepaid Insurance Increased $6,800 Depreciation expense was $24,500 Loss on sale of a bullding was $21800 Wages payable Increased $13,800 • Unearned revenue decreased $20,500 Using the Indirect method, how much was Darwin's net cash provided by operating activities? Multiple Choice $184,000. $170,400. $225,000. $214,000.

Coring Enablad: Derwin Company, a manufacturer, has provided the following Information pertalning to Its recent year of operation • Net Income, $199,000 Accounts recelvable Increased $17,800 - Prepaid Insurance Increased $6,800 Depreciation expense was $24,500 Loss on sale of a bullding was $21800 Wages payable Increased $13,800 • Unearned revenue decreased $20,500 Using the Indirect method, how much was Darwin's net cash provided by operating activities? Multiple Choice $184,000. $170,400. $225,000. $214,000.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 13E

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