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Skinner Butte, Inc. had the following information: ...

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Accounting

Skinner Butte, Inc. had the following information:

Net income $ 40,000
Depreciation 6,000
Increase in accounts receivable 2,000
Decrease in prepaid rent (800 )
Increase in accrued liabilities 1,800
Cash paid to purchase office equipment 8,000

What is Skinner Buttes net cash provided by operating activities?

Multiple Choice

  • $35,000

  • $37,000

  • $43,000

  • $46,600

Answer & Explanation Solved by verified expert
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