Jordan Corporation reported net income of $20,000 and paid cash dividends of $7,000.Changes in balance sheet accounts for the year were as follows: Based on the above information, what is the amount of net cash provided by operations?
A)$3,000
B)$11,000
C)$19,000
D)$35,000

Question

Jordan Corporation reported net income of $20,000 and paid cash dividends of $7,000.Changes in balance sheet accounts for the year were as follows:  Based on the above information, what is the amount of net cash provided by operations?
A)$3,000 
B)$11,000 
C)$19,000 
D)$35,000

Quizplus · Accepted Answer

The Answer of Jordan Corporation reported net income of $20,000 and paid cash dividends of $7,000.Changes in balance sheet accounts for the year were as follows:  Based on the above information, what is the amount of net cash provided by operations?
A)$3,000 
B)$11,000 
C)$19,000 
D)$35,000

Jordan Corporation Reported Net Income of $20,000 and Paid Cash