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Husky Company has provided the following information for its most recent year of operation: Cash collected from customers totaled $90,800. Cash borrowed from banks totaled
Husky Company has provided the following information for its most recent year of operation: Cash collected from customers totaled $90,800. Cash borrowed from banks totaled $34,700. Cash paid to employees for salaries totaled $33,600. Cash received from selling Husky common stock to stockholders totaled $56,000. Cash payments to banks for repayment of money borrowed totaled $9,000. Cash paid to suppliers totaled $14,000. Land costing $34,000 was sold for $34,000 cash. Cash paid for dividends to stockholders totaled $4,800. How much was Husky's cash flow from operating activities? Multiple Choice $43,200 $47,800 $37,100 $32,900
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