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A company put together a preliminary version of its financial statements. Its Net Income was $300, its Depreciation Expense was $80, and its Cash Flow
A company put together a preliminary version of its financial statements. Its Net Income was $300, its Depreciation Expense was $80, and its Cash Flow from Operations was $190. The accountant found an error in computing straight-line Depreciation Expense. It should have been $70. What is Cash from Operations after fixing this mistake? (you can ignore taxes)
a)$190
b)$200
c)$180
d)$370
e)$0
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