Big Toy Corporation's Records Show Net Income of $20,000;depreciation Expense

question 15

Multiple Choice

Big Toy Corporation's records show net income of $20,000;depreciation expense of $10,000;and cash dividends declared and paid of $4,000.The amount of cash provided by operating activities using the indirect method is:

• A)$40,000.
• B)$30,000.
• C)$20,000.
• D)$10,000.

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