Compute the Net Increase or Decrease in Cash Flows If

question 89

Multiple Choice

Compute the net increase or decrease in cash flows if Star Corporation had $250,000 in net income, $30,000 in depreciation expense, a decrease of $20,000 in A/R and an increase in bonds payable of $50,000.

• A)$370,000
• B)$350,000
• C)$280,000
• D)$310,000

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