tps://edugen wileyplus.com/edugen/lti/main.uni SMC port1 Login Disco very Benefi

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tps://edugen wileyplus.com/edugen/lti/main.uni SMC port1 Login Disco very Benefits G GMA I Adminconsol Sgn in.chas.com i.nidue o Weygandt, Accounting Principles, 12e Help | System Announcements (1 Unread) Exercise 174 Your answer is incorrect. Try again The following information is available for Redcands Company: Receipts from customers Dividends from stock investments Proceeds from sale of equipment Proceeds from issuance of stock Payments for inventory Payments for operating expenses Interest paid Taxes paid Dividends paid $215,000 3,000 18,000 90,000 100,000 78,000 6,000 4,000 Based on the preceding information, compute the net cash provided by operating activitie Net cash provided by operating activities 27000 DYNEX

Explanation / Answer

Receipts from customers $215,000 Dividends from stock investments $3,000 $218,000 Payments for goods $100,000 Payments for operating expenses $78,000 Interest paid $6,000 Taxes paid $4,000 $188,000 Net cash provided by operating activities $30,000

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