Rodriguez Tint, Inc

question 17

Multiple Choice

Rodriguez Tint, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Additional information provided by the company includes the following: Current assets, other than cash, decreased by $5,200.
Current liabilities increased by $2,400.
Compute the net cash provided by (used for) operating activities.

• A) $(37,500)
• B) $(65,200)
• C) $10,600
• D) $42,900

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Definitions:

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