单选题 The Beeline Company has the following balance sheet and income statement.

A、 Beeline Company Balance Sheet
B、 As of December 31,2004
C、 2003
D、 2004
E
F、 2003
G、 2004
H
I、 Cash
J、 $50
K、 $60
L、 Accounts payable
M、 $100
N、 $150
O、 Accounts receivable
P、 100
Q、 110
R、 Long-term debt
S、 400
T、 300
U、 Inventory
V、 200
W、 180
X、 Common stock
Y、 50
A@、 50
AA
AB
AC
AD、 Retained earnings
AE、 400
AF、 500
AG、 Fixed assets (gross)
AH、 800
AI、 900
AJ、 Total liabilities and equity
AK、 $950
AL、 $1000
AM、 Less : Accumulated depreciation
AN、 200
AO、 250
AP
AQ
AR
AS、 Fixed assets (net)
AT、 600
AU、 650
AV
AW
AX
AY、 Total assets
AA@、 $950
AAA、 $1000
AAB
AAC
AAD

【正确答案】 C

【答案解析】Cash flow from operations (CFO) calculated using the indirect method is: net income (100) + depreciation (50) increase in accounts receivable (10) + decrease in inventory (20) + increase in accounts payable (50) = $ 210.