During the year, a company had the following cash flows. Cash inflow from A/R collections $85,000 Cash inflow from sale of treasury stock Cash outflow from inventory purchases Cash inflow from sale of product Cash outflow from purchase of capital equipment $100,000 $61,000 $32,000 $28,000 What was the total operating cash flow for the year? Group of answer choices Cash inflow of $72,000 Cash outflow of $28,000 Cash outflow of $157,000 Cash inflow of $56,000

During the year, a company had the following cash flows. Cash inflow from A/R collections $85,000 Cash inflow from sale of treasury stock Cash outflow from inventory purchases Cash inflow from sale of product Cash outflow from purchase of capital equipment $100,000 $61,000 $32,000 $28,000 What was the total operating cash flow for the year? Group of answer choices Cash inflow of $72,000 Cash outflow of $28,000 Cash outflow of $157,000 Cash inflow of $56,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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