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Stiggins Corporation Had the Following Account Balances for 2011

Question 42

Multiple Choice

Stiggins Corporation had the following account balances for 2011:
Stiggins Corporation had the following account balances for 2011:   Stiggins' 2011 net income is $450,000. What amount should Stiggins include as net cash provided by operating activities in its 2011 statement of cash flows? A)  $436,200 B)  $445,200 C)  $453,600 D)  $454,200
Stiggins' 2011 net income is $450,000. What amount should Stiggins include as net cash provided by operating activities in its 2011 statement of cash flows?


A) $436,200
B) $445,200
C) $453,600
D) $454,200

Correct Answer:

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