CPA · Question 49 · Area III: State & Local Governments
A City's Water Enterprise Fund reports the following cash flows:<br/>- Cash received from customers: $500,000<br/>- Cash paid to suppliers: $200,000<br/>- Cash paid for interest on bonds: $50,000<br/>- Cash paid for new equipment: $100,000<br/><br/>What is the Net Cash Provided by Operating Activities?
Answer options:
$150,000
$250,000
$300,000
$200,000
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