Williston Skateboards Had Net Cash from Operating Activities of $63,780

question 165

Multiple Choice

Williston Skateboards had net cash from operating activities of $63,780.During the month,the firm paid no dividends and $575 in interest.Williston Skateboards also spent $4,925 on office equipment.Free cash flow for the month was ________.

• A)$63,780
• B)$63,205
• C)$58,280
• D)$58,855

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Definitions:

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Global Economy

An interconnected world economy where goods, services, and financial capital move across national borders, influenced by global events and policies.

Structural Reasons

Fundamental causes or conditions related to the organization or structure of a system, process, or entity.

Unemployed

The state of being without a job despite being willing to work, typically measured as a percentage of the labor force.