Alpha Company had the following account balances for 2016:

Alpha reported net income of $210,000 for 2016.Assuming no other changes in current account balances,what is the amount of net cash provided by operating activities for 2016 reported in the statement of cash flows?
A)$224,000.
B)$206,000.
C)$214,000.
D)$196,000.

Question

Alpha Company had the following account balances for 2016:

Alpha reported net income of $210,000 for 2016.Assuming no other changes in current account balances,what is the amount of net cash provided by operating activities for 2016 reported in the statement of cash flows?
A)$224,000. 
B)$206,000. 
C)$214,000. 
D)$196,000.

Quizplus · Accepted Answer

The Answer of Alpha Company had the following account balances for 2016:

Alpha reported net income of $210,000 for 2016.Assuming no other changes in current account balances,what is the amount of net cash provided by operating activities for 2016 reported in the statement of cash flows?
A)$224,000. 
B)$206,000. 
C)$214,000. 
D)$196,000.

Alpha Company Had the Following Account Balances for 2016