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Allen Company Reported Total Sales Revenue of $150,000 and Total

question 90

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Allen Company reported total sales revenue of $150,000 and total expenses of $152,000 for the year ended December 31, 20D. During 20D, trade receivables decreased by $1,000, trade payables increased by $5,000, wages payable increased by $3,000, and $18,000 in depreciation expense was recorded. Assuming no other adjustments are needed, what was the "net cash flow from operating activities" for 20D (parentheses indicate net cash outflow) ?


Definitions:

Female Hormones

Chemical substances, such as estrogen and progesterone, produced mainly by the ovaries that regulate female reproductive functions and secondary sex characteristics.

Haploid

Having one of each type of chromosome characteristic of the species.

Diploid

Referring to a cell that contains two complete sets of chromosomes, one from each parent, typical of the body's somatic cells.

Zygote

A zygote is the initial cell formed when a new organism is produced by sexual reproduction, following the fusion of male and female gametes.

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