Acompany had net income of $21. depreciation expense is $27000. during the year, accounts receivable and inventory increased $17000 and $42000, respectively. prepaid expenses and accounts payable decreased $5000 and $6000, respectively. there was also a loss on the sale of equipment of $2000. how much cash was provided by operating activities? a. $179000 b. $175000 c. $271000 d. $241000

a. $179000

Explanation:

net income:                       210,000

non-monetary terms:

depreciation expense        27,000

loss on disposal                   2,000

adjusted income               239,000

A/R increase                          ( 17, 000)

Inventory Increase increase (42,000)

A/P decrease                         (  6,000)

Prepaid Expenses                    5,000

net changes in working capital: (60,000)

net cash provided by operating activities 179,000

answercold,maybe nuclear war;

answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.