Based on the following data to
answer A company had the following changes in its balance sheet
accounts: An increase in accounts receivable $
50 A decrease in accounts payable $
40 An increase in inventory
$ 60 Sale of common stock
$150 Repayment of debt
$
20 Depreciation
$10 Net Income
$ 700
单选题
The company's cash flow from operations is:
【正确答案】
C
【答案解析】By using indirect method:
CFO: Net Income +700
Non cash items: depreciation +10
Change in accounts receivable (50)
Change in inventory (60)
Chang in accounts payable (40)
Sum 560
单选题
The company's cash flow from investing is:
【正确答案】
A
【答案解析】Investing cash flows include buying and selling equipment and land. This problem does not involve any such cash flows.