The net operating profit of Patrick Ltd was $31 000. Depreciation expense was $10 000 and gain on sale of equipment was $2 000. Accounts receivable increased by $15 000 and inventory decreased by $7 000. Accounts payable decreased by $8 000. What was the cash flow from operations?
A) $47 000
B) $39 000
C) $25 000
D) $23 000

Question

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The Answer of The net operating profit of Patrick Ltd was $31 000. Depreciation expense was $10 000 and gain on sale of equipment was $2 000. Accounts receivable increased by $15 000 and inventory decreased by $7 000. Accounts payable decreased by $8 000. What was the cash flow from operations?
A) $47 000
B) $39 000
C) $25 000
D) $23 000

The Net Operating Profit of Patrick Ltd Was $31 000