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Anew Health Care Company Reports Net Income of $200,000 and Depreciation

question 88

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Anew Health Care Company reports net income of $200,000 and Depreciation Expense of $20,000 for the year ending December 31,2015.No long-term assets were sold or exchanged during 2015.They also have the following data available: Anew Health Care Company reports net income of $200,000 and Depreciation Expense of $20,000 for the year ending December 31,2015.No long-term assets were sold or exchanged during 2015.They also have the following data available:   Using the indirect method,what is the net cash provided (or used) from operating activities for the year ending December 31,2015? A) $70,000 B) $90,000 C) $120,000 D) $190,000 Using the indirect method,what is the net cash provided (or used) from operating activities for the year ending December 31,2015?


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