Stella Ltd reported profit of $40,000 for the year. During the year, accounts receivable increased by $6,000, accounts payable decreased by $4,000 and depreciation expense of $7,000 was recorded. Net cash provided by operating activities for the year is:
A) $31,000.
B) $43,000.
C) $37,000.
D) $23,000.
Correct Answer:
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