Answer:
Cash provided by operations is $250
Step-by-step explanation:
If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?
Cash flows from operating activities
Net Income $180
Adjustments to reconcile net loss
to net cash flow from operating activities
Add: Depreciation $50
Add: Change in net current assets $20 $70
Cash provided by operations $250