A Halifax firm generates net income of $530. The depreciation expense is $60, and dividends paid are $80. Accounts payable decrease by $40, accounts receivable decrease by $30, inventory increases by $20, and net fixed assets decrease by $40. What is the net cash from operating activity? $480 O b. $530 O c. $560 d. $580 O e. $600 a. 1

A Halifax firm generates net income of $530. The depreciation expense is $60, and dividends paid are $80. Accounts payable decrease by $40, accounts receivable decrease by $30, inventory increases by $20, and net fixed assets decrease by $40. What is the net cash from operating activity? a. $480 b. $530 c. $560 d. $580 e. $600