Threets Corporation's most recent comparative balance sheet appears below: The company's net income for the year was $109 and it paid a cash dividend. It did not dispose of any property, plant, and equipment during the year. The company did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in)operating activities for the year was:
A)$120
B)$98
C)$(11)
D)$156

Question

Threets Corporation's most recent comparative balance sheet appears below:  The company's net income for the year was $109 and it paid a cash dividend. It did not dispose of any property, plant, and equipment during the year. The company did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in)operating activities for the year was:
A)$120 
B)$98 
C)$(11) 
D)$156

Quizplus · Accepted Answer

Operating activities:
 11eaa48f_7afc_129c_9e4a_c7e3a5c36bca_TB2485_00

Threets Corporation's Most Recent Comparative Balance Sheet Appears Below