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Squat XFit Inc. reported the following activities and select balance sheet items ($ in millions). Select results during year ending December 31, 2020 Revenue 453.2

Squat XFit Inc. reported the following activities and select balance sheet items ($ in millions).


Select results during year ending December 31, 2020


Revenue

453.2

Interest expense

12.5

Depreciation expense

43.2

Stock based compensation

12.5

Tax rate

40%

Net income

134.5


Balances as of:

12/31/2019

12/31/2020

Accounts payable

120.5

130.5

Accounts receivable

74.8

82.4

Common Stock & APIC

146.4

163.5

Deferred revenue

453.0

532.0

Inventory

132.6

143.2

Current portion of debt

214.0

275.0

Net PP&E

212.7

246.0

Pre-paid expenses

50.0

35.0

Treasury stock

(112.3)

(123.2)

Accrued wages

67.8

72.5

Other comprehensive income

12.1

13.5

Calculate cash flow from operations for the year ending 12/31/2020:

A. $204.7 million

B. $250.7 million

C. $271.3 million

D. $280.7 million

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