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Hogan Company Had the Following Account Balances for 2016

Question 27

Multiple Choice

Hogan Company had the following account balances for 2016:
Hogan Company had the following account balances for 2016: Hogan reported net income of $300,000 for 2016.Assuming no other changes in current account balances,what is the amount of net cash provided by operating activities for 2016 reported in the statement of cash flows? A) $291,000. B) $290,000. C) $281,000. D) $301,000.
Hogan reported net income of $300,000 for 2016.Assuming no other changes in current account balances,what is the amount of net cash provided by operating activities for 2016 reported in the statement of cash flows?


A) $291,000.
B) $290,000.
C) $281,000.
D) $301,000.

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