A company reported net income of $200,000 during 2014. The company reported depreciation expense of $35,000, patent amortization of $10,000 and a $5,000 loss on the sale of equipment. Using the indirect method, how much is the company's cash flow from operating activities?
A) $245,000.
B) $250,000.
C) $240,000.
D) $235,000.
Correct Answer:
Verified
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