Use the following information about the current year's operations of a company to calculate cash provided by operations. Net income$100,000 Decrease in Accounts Payable 5,000 Increase in Accounts Receivable 4,000 Increase in Merchandise Inventory 8,000 Decrease in Salaries Payable 2,000 Depreciation Expense 6,000 Gain on Sale of Machinery 2,000
A. $89,000.
B. $85,000.
C. $105,000.
D. $97,000.
E. $81,000.
Answer: B
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A) will B) tort C) audit D) writ