Multiple Choice
Fluck Corporation's balance sheet and income statement appear below:
The company sold equipment for $12 that was originally purchased for $5 and that had accumulated depreciation of $3. The company paid a cash dividend and it did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in) operating activities for the year was:
A) $106
B) $85
C) $95
D) $111
Correct Answer:

Verified
Correct Answer:
Verified
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