During 2015, Greta Company earned net income of $212,000 which included depreciation expense of $39,000. In addition, the company experienced the following changes in the account balances listed below: Based upon this information what amount will be shown for net cash provided by operating activities for 2015?
A) $266,000.
B) $252,500.
C) $162,500.
D) $153,500.

Question

During 2015, Greta Company earned net income of $212,000 which included depreciation expense of $39,000. In addition, the company experienced the following changes in the account balances listed below:  Based upon this information what amount will be shown for net cash provided by operating activities for 2015?
A) $266,000. 
B) $252,500. 
C) $162,500. 
D) $153,500.

Quizplus · Accepted Answer

The Answer of During 2015, Greta Company earned net income of $212,000 which included depreciation expense of $39,000. In addition, the company experienced the following changes in the account balances listed below:  Based upon this information what amount will be shown for net cash provided by operating activities for 2015?
A) $266,000. 
B) $252,500. 
C) $162,500. 
D) $153,500.

During 2015, Greta Company Earned Net Income of $212,000 Which