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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1n. Account
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