Multiple Choice
Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000 and depreciation expense of $8,000 was recorded. Net cash provided by operating activities for the year is
A) $53,000.
B) $47,000.
C) $33,000
D) $37,000.
Correct Answer:
Verified
Correct Answer:
Verified
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