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Given the following, calculate cash provided by / (used in) operating activities: Accounts receivable (net) Accounts payable Inventory Net income Depreciation expense Gain on sale of PPE 2019 400 $ 3,830 $ 65,000 $ $ $ $ $ 210,000 $ 17,500 $ 5,000 Select one: O a. increase to cash of $227,350 O b. decrease to cash of $227,350 O c. increase to cash of $178,650 O d. increase to cash of $180,950 2018 23,600 2,680 45,500 4

Given the following, calculate cash provided by / (used in) operating activities: Accounts receivable (net) Accounts payable Inventory Net income Depreciation expense Gain on sale of PPE 2019 400 $ 3,830 $ 65,000 $ $ $ $ $ 210,000 $ 17,500 $ 5,000 Select one: O a. increase to cash of $227,350 O b. decrease to cash of $227,350 O c. increase to cash of $178,650 O d. increase to cash of $180,950 2018 23,600 2,680 45,500 4

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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Given the following, calculate cash provided by / (used in) operating activities: Accounts receivable (net) Accounts payable Inventory Net income Depreciation expense Gain on sale of PPE Select one: $ $ $ $ $ $ a. increase to cash of $227,350 O b. decrease to cash of $227,350 O c. increase to cash of $178,650 O d. increase to cash of $180,950 2019 2018 400 $ 23,600 3,830 $ 2,680 65,000 $ 45,500 210,000 17,500 5,000
Transcribed Image Text:Given the following, calculate cash provided by / (used in) operating activities: Accounts receivable (net) Accounts payable Inventory Net income Depreciation expense Gain on sale of PPE Select one: $ $ $ $ $ $ a. increase to cash of $227,350 O b. decrease to cash of $227,350 O c. increase to cash of $178,650 O d. increase to cash of $180,950 2019 2018 400 $ 23,600 3,830 $ 2,680 65,000 $ 45,500 210,000 17,500 5,000
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