The Following Information Relates to the Red Rocket Company What Is the Net Cash Provided by Operating Activities?
A)

question 24

Multiple Choice

The following information relates to the Red Rocket Company: $\begin{array}{ll}\text { Increase in accounts receivable } & \$ 80 \\\text { Increase in bonds payable } & 1,000 \\\text { Decrease in inventory } & 75 \\\text { Net income } & 10.000\\\text { Amortization of premium on bonds payable } & 260 \\\text { Increase in income taxes payable } & 60 \\\text { Depreciation expense } & 2,000 \\\text { Decrease in accounts payable } & 380\end{array}$
What is the net cash provided by operating activities?

• A)$ 9, 065
• B)$11, 415
• C)$11, 935
• D)$12, 415

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Definitions:

Retroperitoneal

An anatomical term that means behind the peritoneal cavity. It is where the kidneys lie.

Peritoneal Cavity

An abdominal space that lies between the parietal peritoneum (lining of the abdominal wall) and the visceral peritoneum (covering of the internal organs).

Renal Sinus

The renal sinus is a cavity within the kidney that is occupied by the renal pelvis, renal calyces, blood vessels, nerves, and fat.

Hilum

A part or structure in an organ where nerves and blood vessels enter or leave, commonly referenced in relation to the lungs or kidneys.