Binnie Corporation's most recent balance sheet appears below: Net income for the year was $83. Cash dividends were $16. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in)operating activities for the year was:
A)$99
B)$67
C)$16
D)$119

Question

Binnie Corporation's most recent balance sheet appears below: Net income for the year was $83. Cash dividends were $16. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in)operating activities for the year was:
A)$99 
B)$67 
C)$16 
D)$119

Quizplus · Accepted Answer

Operating activities:
 11eaa48f_7afc_87cf_9e4a_a9f022980b02_TB2485_00

Binnie Corporation's Most Recent Balance Sheet Appears Below: Net Income