Moore Corporation Reported Net Income of $200,000 for the Current

question 67

Multiple Choice

Moore Corporation reported net income of $200,000 for the current year ended June 30. Accounts receivable had a beginning balance of $34,000 and an ending balance of $44,000. Accounts payable had a beginning balance of $29,000 and an ending balance of $41,000. Assuming that this is all of the relevant information, Moore's cash flows from operating activities are ________.

• A) $178,000
• B) $202,000
• C) $198,000
• D) $222,000

---

Definitions:

Wavelength

The distance between successive peaks of a wave, often used to describe the physical property of light, sound, and other waves.

Dark Adaptation

The process by which the eyes become more sensitive to light in low illumination, improving the ability to see in darkness.

Cones

Photoreceptor cells in the retina of the eye that function best in relatively bright light and are responsible for perceiving color and fine detail.

Rods

Photoreceptor cells in the retina of the eye that provide night vision and peripheral vision by detecting brightness and shades of gray.