Williamsburg Market Is an All-Equity Firm That Has Net Income

Multiple Choice

Williamsburg Market is an all-equity firm that has net income of $96,200, depreciation expense of $6,300, and an increase in net working capital of $2,800. What is the amount of the net cash from operating activity?

A) $91,300
B) $99,700
C) $93,400
D) $105,300
E) $113,700