Rodriguez Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement:
Additional information provided by the company includes the following:
Current assets, other than cash, decreased by $5,000
Current liabilities increased by $2,000
How much is the net cash provided by operating activities?
A) $4,700
B) $7,300
C) $10,000
D) $(300)
Correct Answer:
Verified
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