A Halifax ﬁrm generates net income of $530. The depreciation expense is $60 and dividends paid are $80. Accounts payable decrease by $40, accounts receivable decrease by $30, inventory Increases by $20, and net ﬁxed assets decrease by $40. What is the net cash from operating
Activity?
A) $480
B) $530
C) $560
D) $580
E) $600

Question

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The Answer of A Halifax ﬁrm generates net income of $530. The depreciation expense is $60 and dividends paid are $80. Accounts payable decrease by $40, accounts receivable decrease by $30, inventory Increases by $20, and net ﬁxed assets decrease by $40. What is the net cash from operating
Activity?
A) $480
B) $530
C) $560
D) $580
E) $600

A Halifax ﬁRm Generates Net Income of $530