Kela Corporation Reports Net Income of $450,000 That Includes Depreciation

question 143

Multiple Choice

Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000.Also,cash of $50,000 was borrowed on a 5-year note payable.Based on this data,total cash inflows from operating activities are:

• A) $380,000.
• B) $470,000.
• C) $520,000.
• D) $570,000.

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Definitions:

Endocarditis

An infection of the inner lining of the heart chambers and heart valves.

Singular

Unique or one of a kind; in grammar, referring to the form of a noun or pronoun that denotes only one person, place, thing, or idea.

Plural

The form of a word used to denote more than one.

Cardiomyopathy

A group of diseases that affect the heart muscle, leading to decreased heart function.