单选题 Determine the cash flow from operations given the following table.

A、 Item
B、 Amount
C、 Cash payment of dividends
D、 $30
E、 Sale of equipment
F、 $10
G、 Net income
H、 $25
I、 Purchase of land
J、 $15
K、 Increase in accounts payable
L、 $20
M、 Sale of preferred stock
N、 $25
O、 Increase in deferred taxes
P、 $5
Q、 Profit on sale of equipment
R、 $15

【正确答案】 A

【答案解析】
CFO = 25 (NI) + 20 (AP) + 5 ( Def Tax) 15 ( Equip Profit) = $ 35

Item		Amount
Cash payment of dividends	CFF	-$30
Sale of equipment	CFI	+$10
Net income	CFO	+$25
Purchase of land	CFI	-$15
Increase in accounts payable	CFO	+$20
Sale of preferred stock	CFF	+$25
Increase in deferred taxes	CFO	+$5
Profit on sale of equipment	CFO	-$15