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Colby Company has provided the following selected information for the year ended December 31, 2014:
Cash collected from customers was $392,000.
Cash received from stockholders in exchange for stock totaled $46,000.
Cash paid to suppliers was $183,000.
Cash paid to employees was $102,000.
Cash received from a long-term bank loan was $75,000.
Cash paid to stockholders for dividends was $17,000.
Cash received from sale of a building was $125,000.
Cash paid for rent was $19,000.
Cash received for interest and dividends was $4,000.
Cash paid for income taxes was $28,000.
Based on the selected information provided, how much was Colby's cash flow from operating activities?
New Public Management
A management philosophy used by governments since the 1980s to modernize and render public service more efficient by adopting private sector management practices.
Centralization
The concentration of control, authority, or decision-making power in a central group or location, often at the higher levels of an organization or government.
Privatization
The transfer of ownership of property or businesses from the government to private individuals or organizations.
Deregulating Labor Law
The process of reducing government rules controlling how businesses can manage workers, aimed at making labor markets more flexible.
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