According to the information given in the table below, which of the following is cash flow from operating activities?   Net income         95,000 Deprecation         38,000 Increase in Accounts Receivable        24,000 Decrease in Inventory        19,000 Increase in Accounts Payable        29,000   Select one: a. 173000 b. 157000 c. 145000 d. 119000

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 9MCQ: Refer to the information for Cornett Company above. What amount should Cornett report on its...
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According to the information given in the table below, which of the following is cash flow from operating activities?

 

Net income         95,000
Deprecation         38,000
Increase in Accounts Receivable        24,000
Decrease in Inventory        19,000
Increase in Accounts Payable        29,000





 

Select one:
a. 173000
b. 157000
c. 145000
d. 119000
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