Pare Company Reported a Net Loss of $30000 for the Year

question 2

Multiple Choice

Pare Company reported a net loss of $30000 for the year ended December 31 2016. During the year accounts receivable decreased $15000 merchandise inventory increased $25000 accounts payable increased by $30000 and depreciation expense of $20000 was recorded. During 2016 operating activities

• A) used net cash of $10000.
• B) used net cash of $25000.
• C) provided net cash of $10000.
• D) provided net cash of $25000.