For the Year Ended December 31,Year 1,Carsem Company Had Cash

question 79

Multiple Choice

For the year ended December 31,Year 1,Carsem Company had cash collections from customers of $220,000,cash paid to employees of $32,000,cash paid to suppliers of $100,000,cash used to retire long-term bonds of $32,000,and cash payments for dividends of $20,000.Based on this information,what is the net cash provided from operating activities?

• A)$68,000
• B)$88,000
• C)$188,000
• D)$120,000

---

Definitions:

Fake Followers

Social media accounts that are artificial or bot-generated, created to inflate a user's number of followers.

Checklist

A list of items required, things to be done, or points to be considered, used as a reminder.

Necessary Components

Essential parts or elements required for a system, process, or mechanism to function properly.

Copyright Infringement

The unauthorized use of copyrighted material without permission, in violation of copyright laws.