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Majorn Auto Parts Store Had Net Income of $81,000 for the Year

Question 70

Multiple Choice

Majorn Auto Parts Store had net income of $81,000 for the year just ended.Majorn collected the following additional information to prepare its statement of cash flows for the year: Majorn Auto Parts Store had net income of $81,000 for the year just ended.Majorn collected the following additional information to prepare its statement of cash flows for the year:   Majorn uses the indirect method to prepare its statement of cash flows.What is Majorn's net cash provided (used) by operating activities? A) $41,000 B) ($53,000)  C) $185,000 D) $279,000 Majorn uses the indirect method to prepare its statement of cash flows.What is Majorn's net cash provided (used) by operating activities?


A) $41,000
B) ($53,000)
C) $185,000
D) $279,000

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