A company provided the following financial details for the year: • Net Income: $150,000 • Depreciation Expense: $40,000 • Increase in Accounts Receivable: $25,000 • Decrease in Inventory: $10,000 • Increase in Accounts Payable: $15,000 • Purchase of Equipment: $50,000 Dividend Paid: $20,000 What is the Net Cash Flow from Operating Activities? Options: A. $190,000 B. $160,000 C. $170,000 D. $200,000
A company provided the following financial details for the year: • Net Income: $150,000 • Depreciation Expense: $40,000 • Increase in Accounts Receivable: $25,000 • Decrease in Inventory: $10,000 • Increase in Accounts Payable: $15,000 • Purchase of Equipment: $50,000 Dividend Paid: $20,000 What is the Net Cash Flow from Operating Activities? Options: A. $190,000 B. $160,000 C. $170,000 D. $200,000
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
ChapterMB: Model-building Problems
Section: Chapter Questions
Problem 14M
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