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Net Cash Flow from Operating Activities for 2011 for Spencer

question 38

Multiple Choice

Net cash flow from operating activities for 2011 for Spencer Corporation was $300,000.The following items are reported on the financial statements for 2011:
Net cash flow from operating activities for 2011 for Spencer Corporation was $300,000.The following items are reported on the financial statements for 2011:   Based on the information above, Spencer's net income for 2011 was A) $312,000. B) $296,000. C) $264,000. D) $256,000.
Based on the information above, Spencer's net income for 2011 was


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