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Business, 10.03.2020 21:45 mwest200316

Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000 and depreciation expense of $8,000 was recorded. Net cash provided by operating activities for the year

a.

$53,000

b.

$47,000

c.

$33,000

d.

$37,000

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