-What Is the Net Cash Flow?
A) -$30
B) -$15

question 114

Multiple Choice

$\begin{array}{lr}\text { Net income } & \$300 \\\text { Depreciation } & 95 \\\text { Issuance of new stock } & 35 \\\text { Repurchase of debt } & 40 \\\text { Sale of property } & 10 \\\text { Purchase of equipment } & 360 \\\text { Dividend payments } &70 \\\text { Interest payments } & 60\end{array}$
-What is the net cash flow?

• A) -$30
• B) -$15
• C) $75
• D) -$50
• E) -$45

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Definitions:

Single-Step Statement

An income statement format that calculates net income or loss using a single subtraction of total expenses from total revenues.

Net Income

The total profit of a company after accounting for all expenses and taxes; the bottom line of the income statement.

Income from Operations

The profit realized from a business's core operating activities, excluding revenue from investments and other non-operational sources.

Cost of Goods Sold

The immediate expenses associated with manufacturing goods a company sells, comprising costs of materials and labor.