Oriole Company reported net income of $63000 for the year. During the year, accounts receivable decreased by $7600, accounts payable increased by $4000 and depreciation expense of $5100 was recorded. Net cash provided by operating activities for the year is $51400. O $79700. O $61500. O $57900.

Oriole Company reported net income of $63000 for the year. During the year, accounts receivable decreased by $7600, accounts payable increased by $4000 and depreciation expense of $5100 was recorded. Net cash provided by operating activities for the year is $51400. O $79700. O $61500. O $57900.

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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Oriole Company reported net income of $63000 for the year. During the year, accounts receivable decreased by $7600, accounts
payable increased by $4000 and depreciation expense of $5100 was recorded. Net cash provided by operating activities for the
year is
O $51400.
O $79700.
O $61500.
O $57900.
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