Multiple Choice
WT Company reported sales revenue of $100,000 and total expenses of $90,000 (including depreciation) for the year ended December 31,20A.During 20A,trade receivables decreased by $4,000,merchandise inventory increased by $3,000,trade payables increased by $2,000,and depreciation expense of $6,000 was recorded.Assuming no other data are needed,what was the net cash inflow from operating activities for 20A?
A) $19,000.
B) $20,000.
C) $21,000.
D) $24,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: A transaction that does not cause an
Q16: Toga Corporation reported profit of $50,000 for
Q17: Match each activity below with the proper
Q18: Complete the following statement of cash flows
Q19: The following changes were noted from the
Q21: If there is a change in cash,there
Q22: Which of the following would not be
Q23: In 2012,C Co.disclosed cash paid for property,plant
Q24: The quality of earnings ratio (Cash Flow
Q25: Which of the following would not be