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JJ's Has Net Sales of $48,920,depreciation of $711,cost of Goods

Question 83

Multiple Choice

JJ's has net sales of $48,920,depreciation of $711,cost of goods sold of $31,890,administrative costs of $11,210,interest expense of $680,dividends paid of $450,and taxes of $974.What is the cash flow from operations as it will appear on the accounting statement of cash flows if the firm spent $274 on net working capital?


A) $3,892
B) $3,056
C) $4,066
D) $3,667
E) $3,391

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