Business, 19.10.2021 14:10 dmgcity

A company's income statement showed the following: net income, $125,000; depreciation expense, $35,500; and gain on sale of plant assets, $9,500. The company's current assets and current liabilities showed the following changes: accounts receivable decreased $10,500; merchandise inventory increased $23,500; prepaid expenses increased $7,300; accounts payable increased $4,500. Calculate the net cash provided or used by operating activities. Multiple Choice $154,600. $135,200. $149,800. $175,800. $147,800.

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A company's income statement showed the following: net income, $125,000; depreciation expense, $35,5...

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