Assume the following: Net Income $100,000 Depreciation $8,000 Accounts Receivable decreases by $7,500 and Accounts Payable decreases by $2,500. The amount of cash flows from operating activities is: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $103,000 b $100,000 с $108,000 d $113,000
Assume the following: Net Income $100,000 Depreciation $8,000 Accounts Receivable decreases by $7,500 and Accounts Payable decreases by $2,500. The amount of cash flows from operating activities is: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $103,000 b $100,000 с $108,000 d $113,000
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter1: Business Transactions (ptrans)
Section: Chapter Questions
Problem 7R
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