Cho Limited Reported Net Income of $129,500 for the Year

question 50

Multiple Choice

Cho Limited reported net income of $129,500 for the year.A review of the company's balance sheet and income statement also showed the following: $\begin{array}{lr}\text { Amortization expense for the year } & \$ 16,000 \\\text { Increase in accounts receivable } & \$ 30,000 \\\text { Decrease in inventory } & \$ 18,000 \\\text { Increase in accounts payable } & \$ 5,500 \\\text { Decrease in interest payable } & \$ 3,000\end{array}$ What was Cho's cash flow from operations for the year?

• A)$136,000
• B)$139,000
• C)$145,500
• D)$155,000

---

Definitions:

Testosterone Levels

The concentration of testosterone, a critical hormone in the development of male growth and masculine characteristics.

Physiological Response

An automatic reaction mediated by the nervous and endocrine systems to a specific stimulus.

Human Research Committees

Organizations or groups responsible for reviewing the ethical aspects of research studies involving human participants to ensure their safety and rights.

Primitive Brain

Refers to the parts of the brain responsible for basic life functions, such as the brainstem and limbic system.