Solved

Super Grocers, Inc

Question 82

Multiple Choice

Super Grocers, Inc., provided the following financial information for the quarter ending September 30, 2006:
Depreciation and amortization - $133,414
Net income - $341,463
Increase in receivables - $ 112,709
Increase in inventory - $81,336
Increase in accounts payables - $62,411
Decrease in marketable securities - $31,225
What is the cash flow from operating activities generated during this quarter by the firm?


A) $308,458
B) $374,468
C) -$374,468
D) -$308,458

Correct Answer:

verifed

Verified

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

Related Questions