Question 11
A company's net income for the year is $100,000. Depreciation expense is $20,000. Accounts receivable increased by $10,000, and accounts payable increased by $5,000. What is the net cash flow from operating activities?
Question 11: A company's net income for the year is \100,000. Depreci…
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Correct answer: 115000
Question 11 of 23 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 27 Oct 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB2 27 Oct 2024). It carries 1 mark.
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