Solution-What is company def net income

What is company def net income

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Problem 1: In year 20x4, the net cash provided by operating activities in company DEF was $8,000,000. For 20x4, depreciation expense was $3,800,000, total current assets (other than cash. decreased by $1,000,000, and total current liabilities decreased by $300,000. Based on the preceding information, what is company DEF's 20x4 net income?

Option 1: $2,900,000

Option 2: $3,500,000

Option 3: $7,900,000

Option 4: $11,900,000

Option 5: None of the above.

Reference no: EM132617660

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What is company def net income

Reference no: EM132617660

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