Solved

Williston Skateboards Had Net Cash from Operating Activities of $63,780

Question 165

Multiple Choice

Williston Skateboards had net cash from operating activities of $63,780.During the month,the firm paid no dividends and $575 in interest.Williston Skateboards also spent $4,925 on office equipment.Free cash flow for the month was ________.


A) $63,780
B) $63,205
C) $58,280
D) $58,855

Correct Answer:

verifed

Verified

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

Related Questions

Q160: Team Shirts,Inc.issued $100,000 in common stock,borrowed $20,000,and

Q161: Cash transactions related to buying and selling

Q162: Managers of a company can use the

Q163: The direct method for the preparation of

Q164: Team Shirts,Inc.paid dividends of $1,250 to shareholders.This

Q166: Cash from investing activities includes _.<br>A)all cash

Q167: Team Shirts,Inc.paid $1,000 of interest.How is this

Q168: Most companies use the indirect method of

Q169: Explain how the operating activities section of

Q170: Match each of the following line items