A company has net income of $100,000, depreciation expenses of $20,000, and an increase in accounts receivable of $10,000. What is the cash flow from operating activities? A) $100,000 B) $110,000 C) $120,000 D) $130,000

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 13MCQ
icon
Related questions
Question
A company has net income of $100,000, depreciation expenses of $20,000, and
an increase in accounts receivable of $10,000. What is the cash flow from
operating activities?
A) $100,000
B) $110,000
C) $120,000
D) $130,000
Transcribed Image Text:A company has net income of $100,000, depreciation expenses of $20,000, and an increase in accounts receivable of $10,000. What is the cash flow from operating activities? A) $100,000 B) $110,000 C) $120,000 D) $130,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning