The Following Information Should Be Used According to the Provisions

question 66

Multiple Choice

The following information should be used according to the provisions of GAAP (Statement of Cash flows) and using the following data.
$\begin{array}{lr}\text { Net income } & \$ 80,000 \\\text { Amortization of goodwill } & 2,000 \\\text { Decrease in accounts receivable } & 2,000 \\\text { Increase in inventory } & 3,000 \\\text { Purchase of marketable securities } & 13,000 \\\text { Sale of land for } \$ 10,000 \text { gain } & 11,000 \\\text { Depreciation expense } & 4,000 \\\text { Repayment of debt } & 8,000 \\\text { Payment of dividend } & 3,000 \\\text { Interest payment } & 2,000\end{array}$


-What is net cash flow from operations?

• A)$74,000
• B)$75,000
• C)$83,000
• D)$85,000

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Definitions:

Educational Qualifications

Refers to the formal certifications or degrees obtained by an individual through schooling and higher education.

Initial Contact

The first interaction or communication between individuals or parties.

Interview Process

A series of steps or stages involved in the selection of a candidate for a position, which may include screening calls, in-person interviews, and tests or assessments.

Skills And Accomplishments

A summary of one's abilities and achievements, often highlighted in resumes or professional profiles.