Given the Following Selected Information on McMillen's Chocolate, Inc A) $350,000
B) $550,000
C) $1,750,000
D) $2,050,000

question 66

Multiple Choice

Given the following selected information on McMillen's Chocolate, Inc., calculate Cash Flow from Operating Activities for 2001. $\begin{array}{lrr}&\text { Last Year }&\text { This Year }\\\text { EAT } & \$ 600,000 & \$ 750,000 \\\text { Depreciation Exp. } & 100,000 & 150,000 \\\text { Dividends } & 400,000 & 550,000 \\\text { AccountsReceivable } & 1,500,000 & 2,000,000\\\text { Inventory } & 3,500,000 & 2,000,000 \\\text { Accts. Payable/Accr. } & 350,000 & 500,000 \\\text { Long-Term Debt } & 2,300,000 & 3,000,000 \\\text { Common Stock } & 2,200,000 & 2,500,000 \\\text { Retained Earnings } & 6,150,000 & 6,350,000\end{array}$

• A) $350,000
• B) $550,000
• C) $1,750,000
• D) $2,050,000

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