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?

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

Section: Chapter Questions

Problem 1Q

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