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Calculate Net Cash Flows from Operations by Adjusting Operating Profit

Question 35

Multiple Choice

Calculate net cash flows from operations by adjusting operating profit.
 Profit for the year $122000Depreciation 8000Increase in accounts receivable 5000Increase in accounts payable 2000\begin{array}{llcc} \text { Profit for the year } & \$122000 \\ \text {Depreciation } &8000\\ \text {Increase in accounts receivable } &5000\\ \text {Increase in accounts payable } &2000\\\end{array}


A) $111 000
B) $107 000
C) $127 000
D) $133 000

Correct Answer:

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