Use the Following Information and the Indirect Method to Calculate

question 152

Multiple Choice

Use the following information and the indirect method to calculate the net cash provided or used by operating activities: $$\begin{array} { l | r } \text { Net income } & \$ 85,300 \\\hline \text { Depreciation expense } & 12,000 \\\\\hline & \\\hline \text { Increase in merchandise inventory } & 2,050 \\\hline \text { Increase in accounts payable } & 6 , 1 5 0\end{array}$$

• A) $85,700.
• B) $69,900.
• C) $93,900.
• D) $108,900.
• E) $81,600.

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Definitions:

Cremation Practices

The method of disposing of a dead body through burning, leading to the reduction of the body to ashes.

Earth Burial

A traditional method of interring a body in the ground following death.

Pulverized Fragments

Small, finely crushed or ground pieces, often referring to material broken down into tiny particles.

Aftercare Services

Support and services provided following initial treatment or rehabilitation to ensure long-term recovery, adjustment, or maintenance of health.