Homework Answers
The correct answer is '$2,38,500'.
Calculation -
Cash flow from Operating Activities :
| Particularls | Amount(in $) |
| Net Income For Current Year | 224000 |
| Add: Depreciation on plant and assets | 35300 |
| = Income before Working Capital Changes | 259300 |
| Less : Increase in Accounts Receivable | 2500 |
| Less: Increase in Inventories | 7800 |
| Add: Decrease in Prepaid Expenses | 1700 |
| Less: Decrease in Account Payable | 12200 |
| = Cash flow from Operating Activities | 2,38,500 |
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