Calculate cash from operating activities using the following information: Profit $\quad$$\quad$$\quad$$ \$ 148,000 $
Depreciation $\quad$$\quad$$ \$ 40,000 $.
Inventory increased by $\quad$$ \$ 10,000 $.
A)$148 000
B)$178 000
C)$188 000
D)$98 000

Question

Quizplus · Accepted Answer

Cash from operating activities = Profit + Depreciation - Increase in Inventory= 148,000 + 40,000 - 10,000= 178,000

Calculate Cash from Operating Activities Using the Following Information: Profit \quad

Calculate Cash from Operating Activities Using the Following Information: Profit $\quad$