Mazaya Company reported net income of RO.50,000 for the year. During the year, accounts receivable increased by RO7,000, accounts payable increased by RO3,000 and depreciation expense of R.O5.000 was recorded Net cash provided by operating activities for the year is Select one O a RO45.000. O b ROS1,000. O C RO65.000 d RO so.0o

Mazaya Company reported net income of RO.50,000 for the year. During the year, accounts receivable increased by RO7,000, accounts payable increased by RO3,000 and depreciation expense of R.O5.000 was recorded Net cash provided by operating activities for the year is Select one O a RO45.000. O b ROS1,000. O C RO65.000 d RO so.0o

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 5MC

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