Current Attempt in Progress Splish Brothers Inc. reported net income of $122400 for the year 2022. During 2022, accounts receivable increased by $8160, accounts payable decreased by $5440 and depreciation expense of $13600 was recorded. Net cash provided by operating activities for 2022 is A. $111520. B. $122400. C. $108800. D. $136000. eTextbook and Media Attempts: 0 of 1 used

Current Attempt in Progress Splish Brothers Inc. reported net income of $122400 for the year 2022. During 2022, accounts receivable increased by $8160, accounts payable decreased by $5440 and depreciation expense of $13600 was recorded. Net cash provided by operating activities for 2022 is A. $111520. B. $122400. C. $108800. D. $136000. eTextbook and Media Attempts: 0 of 1 used

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter23: Statement Of Cash Flows

Section: Chapter Questions

Problem 4SEA

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