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ACC 290 Final Exam NEW
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final-exam-new
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Question 1
Jackson Company recorded the following cash transactions for
the year:
Paid $135,000 for salaries.
Paid $60,000 to purchase office equipment.
Paid $15,000 for utilities.
Paid $6,000 in dividends.
Collected $245,000 from customers.
What was Jackson’s net cash provided by operating activities?
$89,000
$95,000
$110,000
$35,000