contestada

Mara Manufacturing has a net income of $120,000. Recently there was an increase in accounts receivable of $28,000, and an increase in accounts payable of $18,000. What is the net cash provided by operating activities

Respuesta :

ayokenny2001

The net cash provided by operating activities is $110,000

What is operating activities?

Operating activities are the activities carried out by a company to bring its products and services to market on daily.

Operating activities is computed as :

= Net income - Increase in accounts receivable + Increase in accounts payable

= $120,000 - $28,000 + $18,000

= $110,000

Hence, the net cash provided by operating activities is $110,000

Learn more about operating activities here : https://brainly.com/question/15870707

Otras preguntas