Hirshberg Corporation's Comparative Balance Sheet Appears Below: the Company's

question 73

Multiple Choice

Hirshberg Corporation's comparative balance sheet appears below: The company's net income (loss) for the year was $11,000 and its cash dividends were $4,000. It did not sell or retire any property, plant, and equipment during the year. The company's net cash provided by operating activities is:

• A)$48,000
• B)$18,000
• C)$40,000
• D)$52,000

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