Randy's Cooking School has accrual basis net income of $189,000 and the following related items: Amortization expense                          $68,000 Accounts receivable decrease               24,000 Inventory increase                                   17,000 Interest payable decrease                        8,000 Bank loans payable increase                 12,000 Dividends paid                                          10,000  What is Randy's Cooking School's net cash flow from operating activities? Select one: a. $258,000 b. $248,000 c. $256,000 d. $268,000 e. $246,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Randy's Cooking School has accrual basis net income of $189,000 and the following related items:

Amortization expense                          $68,000

Accounts receivable decrease               24,000

Inventory increase                                   17,000

Interest payable decrease                        8,000

Bank loans payable increase                 12,000

Dividends paid                                          10,000

 What is Randy's Cooking School's net cash flow from operating activities?

Select one:

a. $258,000
b. $248,000
c. $256,000
d. $268,000
e. $246,000
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