Using the information below, calculate net cash flows from operating activities: Net income Receive cash from issuing stock Pay cash for equipment Increase in accounts receivable Depreciation expense Increase in accounts payable Receive cash from sale of land Pay cash dividends $120,000 80,000 90,000 10,000 30,000 5,000 75,000 20,000
Using the information below, calculate net cash flows from operating activities: Net income Receive cash from issuing stock Pay cash for equipment Increase in accounts receivable Depreciation expense Increase in accounts payable Receive cash from sale of land Pay cash dividends $120,000 80,000 90,000 10,000 30,000 5,000 75,000 20,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Multiple Choice
O
$155,000.
$190,000.
$115,000.
$145,000.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe9401099-1fde-49fa-8278-d6f29370d9cf%2F86830f2a-feec-4424-b976-9b2253d807f4%2F31x0u8p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Multiple Choice
O
$155,000.
$190,000.
$115,000.
$145,000.
![Using the information below, calculate net cash flows from operating activities:
Net income
Receive cash from issuing stock
Pay cash for equipment
Increase in accounts receivable
Depreciation expense
Increase in accounts payable
Receive cash from sale of land
Pay cash dividends
$120,000
80,000
90,000
10,000
30,000
5,000
75,000
20,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe9401099-1fde-49fa-8278-d6f29370d9cf%2F86830f2a-feec-4424-b976-9b2253d807f4%2F6oem2vf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Using the information below, calculate net cash flows from operating activities:
Net income
Receive cash from issuing stock
Pay cash for equipment
Increase in accounts receivable
Depreciation expense
Increase in accounts payable
Receive cash from sale of land
Pay cash dividends
$120,000
80,000
90,000
10,000
30,000
5,000
75,000
20,000
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