Exhibit 10 During 2004 Nelson Corp

question 10

Multiple Choice

Exhibit 10.7
Use the Information Below for the Following Problem(S)
You are provided with the following information for the Nelson Corporation.
\begin{array}{lrr}\begin{array}{l}\\\text{Net Income}\\\text{Depreciation}\\\text{Total Current Assets}\\\text{Total Current Liabilities}\\\end{array}\\begin{array}{r}2003 \\\hline \$ 1500 \\\$ \quad 200 \\\$ \quad 700 \\\$ \quad 500\end{array}\\begin{array}{r}\text { 2004 } \\\hline\$2000 \\\$ \quad 475 \\\$ \quad 900 \\\$ \quad 800\end{array}\\end{array}
During 2004 Nelson Corp. made capital expenditures totaling $500 and disposed property worth $800.
-Refer to Exhibit 10.7.The firm's cash flow from operating activities for the year 2004 is

• A) $2200
• B) $2575
• C) $2325
• D) $2875
• E) $1900

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Definitions:

Bloodstream

The flowing blood within the circulatory system of a body, delivering nutrients and oxygen to cells and removing waste products.

Lymph

A clear, colorless fluid that circulates through the lymphatic system, carrying cells that help fight infection and disease.

Barrett Esophagus

Barrett Esophagus is a condition in which the lining of the esophagus is damaged by stomach acid, leading to a change in the cells that can increase the risk of esophageal cancer.

Sodium Bicarbonate

A chemical compound, NaHCO3, used medically as an antacid and in baking as a leavening agent.