WT Company Reported Sales Revenue of $100,000 and Total Expenses

question 62

Multiple Choice

WT Company reported sales revenue of $100,000 and total expenses of $90,000 (including depreciation) for the year ended December 31, 20A. During 20A, trade receivables decreased by $4,000, merchandise inventory increased by $3,000, trade payables increased by $2,000, and depreciation expense of $6,000 was recorded. Assuming no other data are needed, what was the net cash inflow from operating activities for 20A?

• A) $20,000.
• B) $24,000.
• C) $19,000.
• D) $21,000.

---

Definitions:

Regulation

The establishment of rules or laws by government or other authorities to control or govern behavior, particularly in industries, to ensure fairness, safety, and standardization.

Banks' Trading Practices

Refers to the strategies and operations banks use in trading financial instruments, including stocks, bonds, and other assets, often regulated by financial authorities.

Supreme Court

The highest judicial body in a country, typically having the final say in legal disputes and the interpretation of laws.

Political Balance

Refers to the equilibrium achieved within a political system when power is evenly or appropriately distributed among various parties or branches of government, avoiding dominance by any single entity.