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Freeman Company's Accounting Records Include the Following Information What Is the Amount of Net Cash Provided by Operating

Question 95

Multiple Choice

Freeman Company's accounting records include the following information:  Payments to suppliers 50,000 Collections on accounts receivable 90,000 Cash sales 20,000 Income taxes paid 5,000 Equipment purchased 15,000\begin{array}{lr}\text { Payments to suppliers } & 50,000 \\\text { Collections on accounts receivable } & 90,000 \\\text { Cash sales } & 20,000\\\text { Income taxes paid }&5,000\\\text { Equipment purchased }&15,000\end{array} What is the amount of net cash provided by operating activities indicated by these transactions?


A) $40,000.
B) $45,000.
C) $55,000.
D) $60,000.

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