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Calculate Net Cash Flow from Operating Activities If: Statement of Financial

Question 29

Multiple Choice

Calculate net cash flow from operating activities if: Statement of financial performance (extract)
 Sales (credit)  $80,000 Less Expenses (cash)  $48,000 Profit $32,000\begin{array}{ll}\text { Sales (credit) } & \$ 80,000 \\\text { Less Expenses (cash) } & \$ 48,000 \\\text { Profit } & \$ 32,000\end{array} Ledger account (extract)
 Start of  End of  Period  Period  Accounts receivable $6000$9000\begin{array}{lll} & \text { Start of } & \text { End of } \\& \text { Period } & \text { Period } \\\text { Accounts receivable } & \$ 6000 & \$ 9000\end{array}


A) $19 000
B) $29 000
C) $25 000
D) $22 000

Correct Answer:

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