Binnie Corporation's Most Recent Balance Sheet Appears Below: Net Income

question 83

Multiple Choice

Binnie Corporation's most recent balance sheet appears below: Net income for the year was $83. Cash dividends were $16. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in) operating activities for the year was:

• A)$99
• B)$67
• C)$16
• D)$119

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