单选题 Given the following information, what is the adjustment to net income when calculating cash flow from operations using the indirect method?
Increase in accounts payable of $ 25.
Sold one share of stock for $15.
Paid dividends of $10 to shareholders.
Depreciation expense of $100.
Increase in inventory of $ 20.

A. $50.
B. $95.
C. + $105.

【正确答案】 C

【答案解析】Using the indirect method, the increase in accounts payable is a source of cash from operations ( + 25 ) , depreciation expense is a non-cash expense added back in computing cash from operations ( + 100), and increase in inventory is a use of cash from operations (-20) =25 + 100 20 = 105. The sale of stock and the dividends paid are financing cash flows that are not included in net income, so they do not require adjustment when calculating CFO.