Kahn Company is a merchandiser that reported net income of $90,000.Additional information follows: Based on this information,under the indirect method the cash provided by operating activities on the statement of cash flows would be:
A)$90,000.
B)$99,000.
C)$81,000.
D)$79,000.

Question

Kahn Company is a merchandiser that reported net income of $90,000.Additional information follows:   Based on this information,under the indirect method the cash provided by operating activities on the statement of cash flows would be:
A)$90,000. 
B)$99,000. 
C)$81,000. 
D)$79,000.

Quizplus · Accepted Answer

Operating activities
 11eaa48f_7af8_9016_9e4a_bb439cc0446b_TB2485_00

Kahn Company Is a Merchandiser That Reported Net Income of $90,000.Additional