A Company Has a Net Income of $39,000 and Depreciation

question 66

Multiple Choice

A company has a net income of $39,000 and depreciation expenses of $9,000. During the year, its accounts payable balance decreased by $5,000. What is the net cash flow from operating activities using the indirect method for preparing the statement of cash flows?

• A) $48,000
• B) $53,000
• C) $35,000
• D) $43,000

Explain how heart function is regulated at the cellular and system level.

Understand the composition and functions of blood including differentiation between serum and plasma.

Comprehend the process and components involved in blood clotting.

Identify the correct sequence of blood flow through systemic and pulmonary circulation.

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Definitions:

Stock Price

The cost of purchasing a share of ownership in a company, which can fluctuate based on factors like company performance and market conditions.

Discounted Value

The present value of future cash flows discounted back to the present using a specific rate.

Future Earnings

Future earnings denote the projected income a company or individual is expected to generate over a specified future period.

Mutual Fund Products

Investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.