The most recent balance sheet and income statement of Teramoto Corporation appear below: Cash dividends were $18.
-The net cash provided by (used by) operations for the year was:
A) $30
B) $112
C) $52
D) $117

Question

The most recent balance sheet and income statement of Teramoto Corporation appear below:   Cash dividends were $18.
-The net cash provided by (used by) operations for the year was:
A) $30 
B) $112 
C) $52 
D) $117

Quizplus · Accepted Answer

The correct answer is $112, which represents the net cash provided by operations for the year.

The Most Recent Balance Sheet and Income Statement of Teramoto