Hanson Company had the following account balances for 2013: Hanson reported net income of $90,000 for 2013. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2013 reported in the statement of cash flows?
A)$70,000.
B)$80,000.
C)$100,000.
D)$110,000.

Question

Hanson Company had the following account balances for 2013:  Hanson reported net income of $90,000 for 2013. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2013 reported in the statement of cash flows?
A)$70,000. 
B)$80,000. 
C)$100,000. 
D)$110,000.

Quizplus · Accepted Answer

The Answer of Hanson Company had the following account balances for 2013:  Hanson reported net income of $90,000 for 2013. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2013 reported in the statement of cash flows?
A)$70,000. 
B)$80,000. 
C)$100,000. 
D)$110,000.

Hanson Company Had the Following Account Balances for 2013