The Net Income of the Company Is $120

question 63

Multiple Choice

The net income of the company is $120.Accounts payable increase by $20,depreciation is $15,and equipment is purchased for $40.If the firm issued $110 in new bonds,what is the total change in cash for the firm for all activities?

• A) Increase of $225
• B) Increase of $130
• C) Decrease of $195
• D) Decrease of $110

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