Birchett Corporation's most recent balance sheet appears below: The company's net income for the year was $91 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $22. The net cash provided by (used in) operating activities for the year was:
A)$86
B)$5
C)$96
D)$130

Question

Birchett Corporation's most recent balance sheet appears below:  The company's net income for the year was $91 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $22. The net cash provided by (used in) operating activities for the year was:
A)$86 
B)$5 
C)$96 
D)$130

Quizplus · Accepted Answer

The Answer of Birchett Corporation's most recent balance sheet appears below:  The company's net income for the year was $91 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $22. The net cash provided by (used in) operating activities for the year was:
A)$86 
B)$5 
C)$96 
D)$130

Birchett Corporation's Most Recent Balance Sheet Appears Below: the Company's