Multiple Choice
ABC Company reported total sales revenue of $80,000 and total expenses of $72,000 for the year ended December 31,20X.During 20X,trade receivables increased by $3,000,merchandise inventory decreased by $2,000,trade payables increased by $1,000,and $5,000 in depreciation expense was recorded.Assuming no other adjustments to profit are needed,what was the net cash inflow from operating activities?
A) $10,000.
B) $11,000.
C) $13,000.
D) $19,000.
Correct Answer:

Verified
Correct Answer:
Verified
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