Net Cash Flow from Operating Activities for 2015 for Graham

question 113

Multiple Choice

Net cash flow from operating activities for 2015 for Graham Corporation was $330,000. The following items are reported on the financial statements for 2015: $\begin{array}{ll}\text { Depreciation and amortization } & \$ 20,000 \\\text { Cash dividends paid on common stock } & 12,000 \\\text { Increase in accounts receivable } & 24,000\end{array}$ Based only on the information above, Graham's net income for 2015 was:

• A) $286,000.
• B) $294,000.
• C) $326,000.
• D) $334,000.

Identify the price effect and output effect in the context of increasing production in imperfectly competitive markets.

Examine the influence of the number of firms on market outcomes in oligopoly settings.

Comprehend the role of total revenue in decision-making for firms in competitive markets.

Understand the concept and implications of oligopoly in markets.

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