Nichole Company has an accrual basis net income of $260,000 and the following related items:
How much is Nichole's net cash flow from operating activities?
A) $248,000
B) $324,000
C) $174,000
D) $320,000

Name: Nichole Company has an accrual basis net income of $260,000 and the following related items: How much is Nichole's net cash flow from operating activities? A) $248,000 B) $324,000 C) $174,000 D) $320,000
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Question

Nichole Company has an accrual basis net income of $260,000 and the following related items:
 How much is Nichole's net cash flow from operating activities?
A) $248,000 
B) $324,000 
C) $174,000 
D) $320,000

Quizplus · Accepted Answer

$260,000 + 76,000 - 24,000 + 28,000 - 16,000 = $324,000

Nichole Company Has an Accrual Basis Net Income of $260,000