Statement of Cash Flows Paige's Properties Inc

question 18

Multiple Choice

Statement of Cash Flows Paige's Properties Inc.reported 2013 net income of $5 million and depreciation of $1,500,000.The top part Paige's Properties,Inc.'s 2012 and 2013 balance sheets is listed as follows (in millions of dollars) .
What is the 2013 net cash flow from operating activities for Paige's Properties,Inc.?

• A)-$13,500,000
• B)$1,500,000
• C)$5,000,000
• D)$6,500,000

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Definitions:

Phobias

Irrational fears of specific objects, activities, or situations that lead to avoidance behavior.

Alcoholism

A chronic disease characterized by uncontrolled drinking and preoccupation with alcohol, leading to significant impairment or distress.

Extraversion

A personality trait characterized by sociability, talkativeness, and a tendency to seek stimulation in the company of others.

Depression

A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.