The net cash provided by operating activities is $110,000
What is operating activities?
Operating activities are the activities carried out by a company to bring its products and services to market on daily.
Operating activities is computed as :
= Net income - Increase in accounts receivable + Increase in accounts payable
= $120,000 - $28,000 + $18,000
= $110,000
Hence, the net cash provided by operating activities is $110,000
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