menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management Study Set 1
  4. Exam
    Exam 13: Understanding Financial Statements and Forecasting
  5. Question
    During the Month of January,a Company Had Sales of $70,000,received
Solved

During the Month of January,a Company Had Sales of $70,000,received

Question 13

Question 13

Multiple Choice

During the month of January,a company had sales of $70,000,received $50,000 in cash,incurred expenses of $55,000,and paid out $40,000 in cash.What is the company's net cash flow?


A) -$5,00
B) $10,000
C) $15,000
D) $20,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: Which statement best describes cash budgets?<br>A) They

Q9: What does working-capital management focus on?<br>A) cash,accounts

Q10: A partner who handles the financial side

Q11: A financial manager reviews the firm's cash

Q12: An accounting supervisor informs a college co-op

Q14: Financial leverage decreases a firm's return on

Q15: A company's manager of finance and administration

Q16: Financial projections are guarantees of a firm's

Q17: What objective should an accounting system provide?<br>A)

Q18: A firm's cash flows can be projected

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines