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If Profit After Tax Is $28 000 and Increases in Inventory

Question 50

Multiple Choice

If profit after tax is $28 000 and increases in inventory and accounts receivable total $17 000,the net cash flow from operating activities is:

A) outflow of $11 000.
B) inflow of $11 000.
C) inflow of $45 000.
D) outflow of $45 000.

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