Given the Following Information, Calculate the Net Cash from Operating

question 27

Multiple Choice

Given the following information, calculate the net cash from operating activities for the period.
Profit $780 000
Accounts receivable decreased by 5000
Proceeds from the sale of equipment 34 000
Inventory increased by 22 000
Depreciation expense 36 000
Carrying value of equipment sold 1000

• A) $832 000
• B) $766 000
• C) $810 000
• D) $805 000

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Definitions:

Interest Rate

Interest Rate is the cost of borrowing money, typically expressed as a percentage of the amount borrowed, affecting savings, investment, and consumer spending.

Consumption Spending

The total amount of money spent by households and individuals on goods and services for personal use.

U.S. Price Level

The general measure of the inflation or deflation of goods and services prices within the United States, impacting purchasing power and economic policy.

Aggregate Demand Curve

A curve that shows the relationship between the overall price level in the economy and the total demand for goods and services, indicating that higher prices typically lead to lower total demand.