Multiple Choice
(Appendix 14A) Kilduff Corporation's balance sheet and income statement appear below:
The company sold equipment for $19 that was originally purchased for $10 and that had accumulated depreciation of $5. The company paid a cash dividend of $44 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) $187
B) $231
C) $257
D) $201
Correct Answer:

Verified
Correct Answer:
Verified
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