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Financial Forensics · Quiz 1 · 26 Oct 2025 · September 2025 term

Question 18: Husky Company has provided the following information for…

Question 18

+1 markOne correct option

Husky Company has provided the following information for its most recent year of operation: Cash collected from customers totaled $91,100.
Cash borrowed from banks totaled $35,300.
Cash paid to employees for salaries totaled $33,900.
Cash received from selling Husky common stock to stockholders totaled $59,000.
Cash payments to banks for repayment of money borrowed totaled $9,300.
Cash paid to suppliers totaled $14,300.
Land costing $37,000 was sold for $37,000 cash.
Cash paid for dividends to stockholders totaled $5,100.
How much was Husky's cash flow from operating activities?

  1. A

    $47,500

  2. B

    $42,900

  3. C

    $35,900

  4. D

    $31,700

Show answer

Correct answer

  • B

    $42,900

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Question 18 of 25 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 26 Oct 2025, in the September 2025 term (IIT M DEGREE AN EXAM QDB2 26 Oct 2025). It carries 1 mark.

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