A company's income statement showed the following: net income, $136,000 and depreciation expense, $33,600. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,300; merchandise inventory increased $21,800; and accounts payable increased $5,300. Calculate the net cash provided or used by operating activities.
a. $137,000.
b. $183,900.
c. $140,300.
d. $173,500.
e. $206,500.

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Cash flow from operating activities on the basis of the given income statement is $164,400.

What is the net cash provided?

[tex]= \text{Net income} + \text{Depreciation} + \text{Decrease in receivables} - \text{Increase in inventory} + \text{Increase in accounts payable}[/tex]

[tex]= $136,000 + $33,600 + $11,300 - $21,800 + $5,300[/tex]

[tex]= $164,400[/tex]

Because depreciation is not a cash item, net cash flow supplied or consumed by operational activities equals net income plus depreciation, plus the reduction in accounts receivable minus the rise in product inventory plus the increase in accounts payable.

The given options do not match the calculated option. I believe $164,400 is the net cash.

For more information about net cash from operating activities, refer below

https://brainly.com/question/13036394

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