Fisher net cash provided by operating activities


Problem: Fisher Corporation had net income for 2008 of $3,000,000. Additional information is as follows:

Depreciation of plant assets             $1,200,000
Amortization of intangibles                   240,000
Increase in accounts receivable            420,000
Increase in accounts payable                540,000

Fisher's net cash provided by operating activities for 2008 was

A)    $4,560,000.
B)    $4,440,000.
C)    $4,320,000.
D)    $1,680,000.

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Accounting Basics: Fisher net cash provided by operating activities
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