Assume a firms net income is equal to $600,000. If all revenue and operating expenses were...
Assume a firms net income is equal to $600,000. If all revenue and operating expenses were paid in cash what would be the firms operating cash flow for the year if the firm paid a dividend of $200,000 and depreciation of $147,735?
a) 100,000
b) 480,000
c) 540,000
d) 700,000
e) None of the above
Homework Answers
Answer - None of the above
Reason -
Cash flow from operating activities = net income + depreciation
= $600000 + $147735
= $747735
Dividend paid is a cash outflow and is shown in financing activities.
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