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Klutz Dance Studio Had Net Income of $167,000 for the Year

Question 61

Multiple Choice

Klutz Dance Studio had net income of $167,000 for the year just ended. Klutz collected the following additional information to prepare its statement of cash flows for the year: Klutz Dance Studio had net income of $167,000 for the year just ended. Klutz collected the following additional information to prepare its statement of cash flows for the year: Klutz uses the indirect method to prepare its statement of cash flows. What is Klutz's net cash provided (used) by operating activities? A) $95,000 B) $137,000 C) $185,000 D) $207,000 Klutz uses the indirect method to prepare its statement of cash flows. What is Klutz's net cash provided (used) by operating activities?


A) $95,000
B) $137,000
C) $185,000
D) $207,000

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