Suppose that Ralph Lauren Company recorded the following cash transactions for the year: Paid $188000 for salaries. Paid $78500 to purchase office equipment. Paid $16100 for utilities. Paid $7900 in dividends. Collected $396000 from customers. What was Ralph Lauren's net cash provided by operating activities?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Suppose that Ralph Lauren Company recorded the following cash transactions for the year:
Paid $188000 for salaries.
Paid $78500 to purchase office equipment.
Paid $16100 for utilities.
Paid $7900 in dividends.
Collected $396000 from customers.
What was Ralph Lauren's net cash provided by operating activities?
O$113400
$208000
$191900
$184000
Transcribed Image Text:Suppose that Ralph Lauren Company recorded the following cash transactions for the year: Paid $188000 for salaries. Paid $78500 to purchase office equipment. Paid $16100 for utilities. Paid $7900 in dividends. Collected $396000 from customers. What was Ralph Lauren's net cash provided by operating activities? O$113400 $208000 $191900 $184000
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