Calculate Net Cash Flow from Operating Activities If: Statement of Financial

question 3

Multiple Choice

Calculate net cash flow from operating activities if: Statement of financial performance (extract)
$\begin{array}{ll}\text { Sales (credit) } & \$ 80,000 \\\text { Less Expenses (cash) } & \$ 48,000 \\\text { Profit } & \$ 32,000\end{array}$ Ledger account (extract)
$\begin{array}{lll} & \text { Start of } & \text { End of } \\& \text { Period } & \text { Period } \\\text { Accounts receivable } & \$ 6000 & \$ 9000\end{array}$

• A)$19 000
• B)$29 000
• C)$25 000
• D)$22 000

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Definitions:

Economic Responsibility

The obligation of organizations and individuals to make decisions that benefit the overall economy and society.

Corporate Social Responsibility

Business practices involving initiatives that benefit society, including sustainability efforts, ethical production, and community engagement.

Economic Responsibility

The obligation of an individual or organization to act in ways that are financially viable and in the best interest of the economic health of society.

Chit Fund

A type of rotating savings and credit association system practiced in India, where a group of people contribute to a common fund and bid to use the accumulated sum.