Shippers Ltd Made a Net Operating Loss of $42 000

question 38

Multiple Choice

Shippers Ltd made a net operating loss of $42 000.Depreciation expense was $80 000 and loss on sale of vessels was $170 000.Accounts receivable increased by $65 000 and inventory decreased by $18 000.Accounts payable increased by $160 000 and expenses payable decreased by $1000.What was the cash flow from operations?

• A) $404 000
• B) $320 000
• C) ($20 000)
• D) None of the answers provided

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Definitions:

Auscultating

The act of listening to the internal sounds of the body, typically using a stethoscope, for medical diagnosis.

Stethoscope

A medical instrument used by healthcare professionals to listen to internal sounds of the body, particularly heart and lung sounds.

Health Assessment

The comprehensive evaluation of a person’s physical, psychological, and social health status, performed by a healthcare professional.

Lindane-Based

Refers to products or medications containing Lindane, a chemical used to treat lice and scabies by affecting the nervous system of these parasites.