The XYZ Company had the following income statement on 31.12.2020 Deprecation 12000 Net income 85000 OMR The following accounts decreased during 2020: Accounts receivable 18000 inventory 22000 OMR, Rent payable 6000, Machinery 15000 OMR The following accounts increased during 2020 Notes receivable 12000 Accounts Payable 11000 long term Bonds payable 30000 OMR Calculate cash flows from operating activities Select one: a. 130000 OMR b. 149000 OMR C. 145000 OMR d. NONE OF THESE
The XYZ Company had the following income statement on 31.12.2020 Deprecation 12000 Net income 85000 OMR The following accounts decreased during 2020: Accounts receivable 18000 inventory 22000 OMR, Rent payable 6000, Machinery 15000 OMR The following accounts increased during 2020 Notes receivable 12000 Accounts Payable 11000 long term Bonds payable 30000 OMR Calculate cash flows from operating activities Select one: a. 130000 OMR b. 149000 OMR C. 145000 OMR d. NONE OF THESE
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![The XYZ Company had the following
income statement on 31.12.2020
Deprecation 12000 Net income
85000 OMR The following accounts
decreased during 2020: Accounts
receivable 18000 inventory 22000
OMR, Rent payable 6000, Machinery
15000 OMR The following accounts
increased during 2020 Notes
receivable 12000 Accounts Payable
11000 long term Bonds payable
30000 OMR Calculate cash flows
from operating activities
Select one.
a. 130000 OMR
b. 149000 OMR
C. 145000 OMR
d. NONE OF THESE](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F79c338f5-7ea2-4495-bfd2-318e65f69781%2Ffaf704ea-39a4-46dc-9d3e-621e04632594%2Fmgwxzfe_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The XYZ Company had the following
income statement on 31.12.2020
Deprecation 12000 Net income
85000 OMR The following accounts
decreased during 2020: Accounts
receivable 18000 inventory 22000
OMR, Rent payable 6000, Machinery
15000 OMR The following accounts
increased during 2020 Notes
receivable 12000 Accounts Payable
11000 long term Bonds payable
30000 OMR Calculate cash flows
from operating activities
Select one.
a. 130000 OMR
b. 149000 OMR
C. 145000 OMR
d. NONE OF THESE
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