ILoveFinance, Inc., provided the following financial information for the quarter ending September 30, 2019: Net income $141,463 Depreciation and amortization $33,414 Increase in receivables $12,709 Increase in accounts payables $2,411 Decrease in marketable securities $1,225 Increase in inventory $1,336 What is the cash flow from operating activities generated during this quarter by the firm? O $163,243

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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ILoveFinance, Inc., provided the
following financial information for the
quarter ending September 30, 2019:
Net income $141,463
Depreciation and amortization
$33,414
Increase in receivables
$12,709
Increase in accounts payables $2,411
Decrease in marketable securities
$1,225
Increase in inventory $1,336
What is the cash flow from operating
activities generated during this quarter
by the firm?
O $163,243
O $98,756
O-$164,468
O-$98,756
Transcribed Image Text:ILoveFinance, Inc., provided the following financial information for the quarter ending September 30, 2019: Net income $141,463 Depreciation and amortization $33,414 Increase in receivables $12,709 Increase in accounts payables $2,411 Decrease in marketable securities $1,225 Increase in inventory $1,336 What is the cash flow from operating activities generated during this quarter by the firm? O $163,243 O $98,756 O-$164,468 O-$98,756
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