Mary's Music Store reported net income of $146,000. Beginning balances in Accounts Receivable and Accounts Payable were $28.500 and $18,500, respectively. Ending balances in these accounts were $32,500 and $15,200, respectively. Assuming that all relevant information has been presented, Mary's net cash flows from operating activities would be: Multiple Choice $153,300 $138.700 O$146.700 $145.300

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Mary's Music Store reported net income of $146,000. Beginning balances in Accounts Receivable and Accounts
Payable were $28.500 and $18,500, respectively. Ending balances in these accounts were $32,500 and $15,200.
respectively. Assuming that all relevant information has been presented, Mary's net cash flows from operating
activities would be:
Multiple Choice
$153,300
O $138.700.
$146.700
$145,300
Transcribed Image Text:Mary's Music Store reported net income of $146,000. Beginning balances in Accounts Receivable and Accounts Payable were $28.500 and $18,500, respectively. Ending balances in these accounts were $32,500 and $15,200. respectively. Assuming that all relevant information has been presented, Mary's net cash flows from operating activities would be: Multiple Choice $153,300 O $138.700. $146.700 $145,300
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