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Farmington Company has an accrual basis net income of $75,000 and the following related items: Amortization expense $11,000 Accounts receivable decrease 12,000 Inventory increase 4,000
Farmington Company has an accrual basis net income of $75,000 and the following related items:
Amortization expense | $11,000 |
Accounts receivable decrease | 12,000 |
Inventory increase | 4,000 |
Interest payable decrease | 5,000 |
What is Farmingtons net cash flow from operating activities?
Select one:
a. $ 89,000
b. $107,000
c. $ 65,000 d. $ 73,000
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