Frizz Hair Salon had net income of $93,000 for the year just ended.Frizz collected the following additional information to prepare its statement of cash flows for the year: Frizz uses the indirect method to prepare its statement of cash flows.What is Frizz's net cash provided (used)by operating activities?
A)$92,000
B)$102,000
C)$120,000
D)$126,000

Question

Frizz Hair Salon had net income of $93,000 for the year just ended.Frizz collected the following additional information to prepare its statement of cash flows for the year:   Frizz uses the indirect method to prepare its statement of cash flows.What is Frizz's net cash provided (used)by operating activities?
A)$92,000 
B)$102,000 
C)$120,000 
D)$126,000

Quizplus · Accepted Answer

Operating activities
 11eaa48f_7af9_054b_9e4a_97f659f897fc_TB2485_00

Frizz Hair Salon Had Net Income of $93,000 for the Year