Listed Below Are Increases Decreases) in Selected Accounts of Space $\$ 20,000$

question 97

Multiple Choice

Listed below are increases decreases) in selected accounts of Space Company. Accounts receivable $\$ 20,000$
Inventory $\quad 40,000$ )
Accounts payable $\quad 68,000$
$\begin{array} { l l } \text { Wages payable } & 21,000 ) \end{array}$ Net income for Space Company was $42,000.The net cash provided by operating activities was_____.

• A)$69,000
• B)$15,000
• C)$109,000
• D)$67,000)

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Definitions:

Degrees Fahrenheit

Degrees Fahrenheit is a unit of temperature where water freezes at 32 degrees and boils at 212 degrees under standard atmospheric conditions.

Mixture

A substance made by combining two or more different materials without chemical bonding or other chemical changes, so that each material retains its own properties.

Pounds

A unit of weight commonly used in the United States and the British imperial system, equivalent to 0.453592 kilograms.

Consistent

In the context of systems of equations, a property indicating that the system has at least one solution.