A Firm Generated Net Income of $878

question 60

Multiple Choice

A firm generated net income of $878. The depreciation expense was $47 and dividends were paid in the amount of $25. Accounts payables decreased by $13, accounts receivables increased by $22, inventory decreased by $14, and net fixed assets decreased by $8. There was no interest expense. What was the net cash flow from operating activity?

• A)$876
• B)$902
• C)$904
• D)$922
• E)$930

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Definitions:

Moral Development

The process through which individuals evolve their understanding of morality and acquire moral values.

Domains

Specific areas of knowledge, activity, or interest, or the range of one's control or sovereignty.

Reasoning

The mental process of generating conclusions, judgments, or inferences from facts or premises.

Autonomous Thinker

An individual who thinks independently, making decisions based on their own reasoning and values rather than conforming to group opinions.