To determine the net cash provided (used) by operating activities it is necessary to analyze
A) the current year's income statement.
B) a comparative balance sheet.
C) additional information.
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

To determine the net cash provided (used) by operating activities, we need to analyze the current year's income statement, a comparative balance sheet, and additional information. Therefore, option D is the best answer as it includes all three elements needed for such analysis.

To Determine the Net Cash Provided (Used) by Operating Activities