Depreciation= $700
Increase in accounts receivable= $200
Increase in accounts payable= $200
Increase in inventories= $300
Net income= $500
- What is the cash flow?
A) 1400
B) 900
C) 500
D) 1900
Answer-
Net Income | $500 |
Add: Depreciation | $700 |
Operating profit before working capital changes | $1,200 |
Add: Increase in accounts payable | $200 |
$1,400 | |
Less: Increase in accounts receivable | $200 |
Less: Increase in inventories | $300 |
Cash Flow from Operating Activities | 900 |
So,The correct option is B)-$900
Depreciation= $700 Increase in accounts receivable= $200 Increase in accounts payable= $200 Increase in inventories= $300...
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