Answered You can hire a professional tutor to get the answer.

QUESTION

Net income $20,000 Depreciation $ 3,000 Increase in accounts receivable $1,000 Decrease in prepaid rent $ (400) Increase in accrued liabilities $900

Net income $20,000

Depreciation $ 3,000

Increase in accounts receivable   $1,000

Decrease in prepaid rent    $ (400)

Increase in accrued liabilities      $900

Cash paid to purchase office equipment   $4,000

What is the net cash provided by operating activities?

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question