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Demi Inc. has an accrual basis net loss of $60,000 in 2019 and the following related items: Depreciation expense $33,000 Accounts receivable decrease 24,000 Inventory
Demi Inc. has an accrual basis net loss of $60,000 in 2019 and the following related items:
Depreciation expense | $33,000 |
Accounts receivable decrease | 24,000 |
Inventory increase | 18,000 |
Accounts payable increase | 9,000 |
Accrued liabilities increase | 15,000 |
How much is Demi's net cash flow from operating activities in 2019?
Select one:
A. $105,000
B. $(39,000)
C. $ 3,000
D. $ (12,000)
Question 19 Not yet answered Marked out of 4.17 Demi Inc. has an accrual basis net loss of $60,000 in 2019 and the following related items: Depreciation expense $33,000 Accounts receivable decrease 24,000 Inventory increase 18,000 Accounts payable increase 9,000 Accrued liabilities increase 15,000 How much is Demi's net cash flow from operating activities in 2019? Select one: A. $105,000 B. $(39,000) C. $ 3,000 O D. $ (12,000)Step by Step Solution
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