Question
(47 of 50) Tower Corp. has the following information: 12/31/2020 12/31/2019 Cash $ 700 $ 1,160 Accounts Receivable 300 420 Inventory 800 750 Accounts Payable
(47 of 50)
Tower Corp. has the following information:
12/31/2020 12/31/2019
Cash $ 700 $ 1,160
Accounts Receivable 300 420
Inventory 800 750
Accounts Payable $ 680 $ 530
Unearned Revenue 620 860
2020
Sales Revenues $3,400
Cost of Goods Sold 1,750
Depreciation Expense 110
Insurance Expense 230
Loss on Sale of Equipment 80
Net Income 1,000
What is Towers cash flow from operating activities for the year?
$ 790
$ 830
$1,170
$1,210
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Risk Based Management Led Audit Driven Safety Management Systems
Authors: Ron C. McKinnon
1st Edition
1498767923, 978-1498767927
