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

question 82

Multiple Choice

Colosi Corporation's comparative balance sheet appears below: The company's net income (loss) for the year was $3,000 and its cash dividends were $1,000. 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)$27,000
• B)$29,000
• C)$31,000
• D)$6,000

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