Oriole company reported net income of 62000 for the year


Question - Oriole Company reported net income of $62000 for the year. During the year, accounts receivable decreased by $7600, accounts payable increased by $4000 and depreciation expense of $5100 was recorded. Compute the Net cash provided by operating activities for the year?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Oriole company reported net income of 62000 for the year
Reference No:- TGS02850208

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)