Grace's cash flow from operating activities was:
A) $200.
B) $300.
C) $350.
D) $2,900.

Name: Grace's cash flow from operating activities was: A) $200. B) $300. C) $350. D) $2,900.
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Question

Quizplus · Accepted Answer

The cash flow from operating activities can be calculated by adding the net income ($500) to the decrease in accounts receivable ($50), subtracting the increase in accounts payable ($100), and adding back the depreciation expense ($50). Therefore, cash flow from operating activities = $500 - $50 - $100 + $50 = $350.

Grace's Cash Flow from Operating Activities Was