Solution-What was the amount of cash provided by operating

What was the amount of cash provided by operating activities

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Reference no: EM131792914

Question - During 2012 the DLD Company had a net income of $55,000. In addition, selected accounts showed the following changes:

Accounts Receivable $3,000 increase

Accounts Payable 1,000 increase

Building 4,000 decrease

Depreciation Expense 1,500 increase

Bonds Payable 8,000 increase

What was the amount of cash provided by operating activities?

A) $56,500

B) $64,500

C) $55,000

D) $54,500

Reference no: EM131792914

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What was the amount of cash provided by operating activities

Reference no: EM131792914

Reference no: EM131792914

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