Richman Corporation had net income for 2008 of $3,000,000. Additional information is as follows:
Richman's net cash provided by operating activities for 2008 was
A) $4,560,000.
B) $4,440,000.
C) $4,320,000.
D) $1,680,000.

Question

Richman Corporation had net income for 2008 of $3,000,000. Additional information is as follows:
 Richman's net cash provided by operating activities for 2008 was
A) $4,560,000. 
B) $4,440,000. 
C) $4,320,000. 
D) $1,680,000.

Quizplus · Accepted Answer

$3,000,000 + $1,200,000 - $240,000 + $420,000 + $540,000 = $4,560,000.

Richman Corporation Had Net Income for 2008 of $3,000,000