Leduc Co Reported Sales of $350,000 and Total Expenses of $280,000;

question 32

Multiple Choice

Leduc Co. reported sales of $350,000 and total expenses of $280,000; wages payable increased by $12,000; inventory decreased by $25,000; accounts payable decreased by $50,000; and depreciation was $30,000. What was the net cash flow from operating activities?

• A) $87,000
• B) $40,000
• C) $15,000
• D) $63,000

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Definitions:

Stagnation

A period or state of inactivity or lack of growth and development.

Recruiting Approach

Strategies and methods used by organizations to identify, attract, and hire candidates for open positions.

Job Posting

The process by which a company internally advertises job vacancies to current employees to encourage promotions and transfers.

Headhunting

A targeted recruitment process in which specialized recruiters seek out highly qualified candidates for specific positions, often for senior-level roles.