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Matlock Company Reported Total Sales Revenue of $55,000 and Total

question 27

Multiple Choice

Matlock Company reported total sales revenue of $55,000 and total expenses amounting to $45,000 on its income statement for the year ended December 31,20B.During 20B,trade receivables decreased by $4,000,merchandise inventory decreased by $6,000,trade payables increased by $2,000 and depreciation of $8,000 was recorded.Therefore,based only on this information,the net cash flow from operating activities for 20B was which of the following?

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Definitions:

Active Listening

A communication technique that involves giving full attention, understanding, responding, and remembering what is being said.

Communication Competency

The ability to effectively convey, receive, and interpret messages and information through verbal, non-verbal, and written means.

Empathizing Skill

The ability to understand and share the feelings of another, fostering better communication and relationships.

Influencing Skill

The ability to effectively persuade or guide others to support specific viewpoints, decisions, or actions.

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