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A Company Records a Net Profit of $220 for the Year.Other

Question 9

Multiple Choice

A company records a net profit of $220 for the year.Other information for the year: Depreciation expense $40
Increase in accounts receivable $60
Decrease in accounts payable $30
Cash flow from operating activities is:


A) $260.
B) $330.
C) $270.
D) $170.

Correct Answer:

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