单选题

Darth Corporation's most recent income statement shows net sales of $6000, and Darth's marginal tax rate is 40 percent. The total expenses reported were $3200, all of which were paid in cash. In addition, depreciation expense was reported at $800. A further examination of the most recent balance sheets reveals that accounts receivable during that period increased by $1000. The cash flow from operating activities reported by Darth should be(     )。

【正确答案】 C
【答案解析】

Net income is ($6000-3200-800)×(1-0.4)=$1200. Adjustments to reconcile net income to cash flow from operating activities will require that depreciation ($800) be added back, and increase in accounts receivable ($1000) be subtracted: $1200+800-1000=$1000.