单选题 An analyst gathers the following information: Net income $100 Decrease in accounts receivable 30 Depreciation 25 Increase in inventory 17 Increase in accounts payable 10 Decrease in wages payable 5 Increase in deferred taxes 17 Sale of fixed assets 150 Purchase of fixed assets 340 Profit from the sale of fixed assets 5 Dividends paid out 35 Sale of new common stock 120 Based on the above information, the company's cash flow from operations is:

A、

A. $155.
B、

B. $165.
C、

C. $175.

【正确答案】 A

【答案解析】Net income + 100 Adjustment for noncash and nonoperating items Depreciation + 25 Deferred taxes (increase) + 17 Profit from sale of equipment -5 Adjustment for working capital items: Accounts receivable ( decrease + 30 Inventory (increase) 17 Accounts payable (increase) + 10 Wages payable (decrease) 5 Cash flow from operations + $155 Dividends paid are CFF, not CFO.