Using the direct method, cash provided
or used by operating activities (CFO) in the year 2005 was: A.
$4300000. B.
$5300000. C.
$6300000. {{B}}Use the following data to answer{{/B}} Net
Income
$1000 Depreciation expense
70 Purchase
of equipment 200
Goodwill amortization
30 Sale of motor car
25
Sale of common stock
100 Decrease in accounts receivable
40 Increase in inventory
35 Issuance
of bonds
20 Increase in accounts payable
30 Increase in wages payable
15 Capital stock exchanged
for equipment 10
单选题
Cash flow from operating activities is.
【正确答案】
C
【答案解析】Direct method:
Net income 1000
Depreciation 70
Goodwill 30
Change in accounts receivable 25
Change in inventory (35)
Change in accounts payable 30
Change in wages payable 15
Operating cash flows {{U}}1135{{/U}}