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Business
Accounting
$40,000 6,000 Net income Depreciation 2,000 (800) 1,800 8,000 Increase in accounts receivable Decrease in prepaid rent Increase in accrued liabilities Cash paid to purchase office equipment What is Skinner Butte's net cash provided by operating activities? Multiple Choice $35,000 $37,000 $43,000 $46,600 O o o O

$40,000 6,000 Net income Depreciation 2,000 (800) 1,800 8,000 Increase in accounts receivable Decrease in prepaid rent Increase in accrued liabilities Cash paid to purchase office equipment What is Skinner Butte's net cash provided by operating activities? Multiple Choice $35,000 $37,000 $43,000 $46,600 O o o O

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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21.

Skinner Butte, Inc. had the following information: Net income $40,000 Depreciation Increase in accounts receivable 6,000 2,000 Decrease in prepaid rent Increase in accrued liabilities (800) 1,800 Cash paid to purchase office equipment 8,000 What is Skinner Butte's net cash provided by operating activities? Multiple Choice $35,000 $37,000 $43,000 $46,600
Transcribed Image Text:Skinner Butte, Inc. had the following information: Net income $40,000 Depreciation Increase in accounts receivable 6,000 2,000 Decrease in prepaid rent Increase in accrued liabilities (800) 1,800 Cash paid to purchase office equipment 8,000 What is Skinner Butte's net cash provided by operating activities? Multiple Choice $35,000 $37,000 $43,000 $46,600
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