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Junior CoHad the Following Activity During 2011: Net Income $50,000\$ 50,000

Question 47

Multiple Choice

Junior Co.had the following activity during 2011: Net Income $50,000\$ 50,000
Cash Receipts from customers $1,750,000\$ 1,750,000
Cash Payments to suppliers $1,050,000\$ 1,050,000
Amortization Expense $35,000\$ 35,000
Cash Payments for operations $640,000\$ 640,000
What was the cash flow from operating activities?


A) $ 25,000
B) $ 50,000
C) $ 60,000
D) $ 95,000

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