Rose Corporation reported net income of $420,000 for 2011. Changes occurred in several balance sheet accounts as follows:

Additional information:

In Rose's 2011 statement of cash flows, net cash provided by operating activities should be
A) $476,000.
B) $485,800.
C) $492,800.
D) $499,800.

Question

Rose Corporation reported net income of $420,000 for 2011. Changes occurred in several balance sheet accounts as follows:

Additional information:

In Rose's 2011 statement of cash flows, net cash provided by operating activities should be
A) $476,000. 
B) $485,800. 
C) $492,800. 
D) $499,800.

Quizplus · Accepted Answer

The Answer of Rose Corporation reported net income of $420,000 for 2011. Changes occurred in several balance sheet accounts as follows:

Additional information:

In Rose's 2011 statement of cash flows, net cash provided by operating activities should be
A) $476,000. 
B) $485,800. 
C) $492,800. 
D) $499,800.

Rose Corporation Reported Net Income of $420,000 for 2011