Rodriguez Tint,Inc.uses the indirect method to prepare the statement of cash flows.Refer to the following income statement:

Additional information provided by the company includes the following:
Current assets,other than cash,decreased by $5,200.
Current liabilities increased by $2,400.
Compute the net cash provided by (used for)operating activities.
A)$(37,500)
B)$(65,200)
C)$10,600
D)$42,900

Question

Rodriguez Tint,Inc.uses the indirect method to prepare the statement of cash flows.Refer to the following income statement:

Additional information provided by the company includes the following:
Current assets,other than cash,decreased by $5,200.
Current liabilities increased by $2,400.
Compute the net cash provided by (used for)operating activities.
A)$(37,500) 
B)$(65,200) 
C)$10,600 
D)$42,900

Quizplus · Accepted Answer

A)
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