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Laser World's income statement reported total revenues, $930,000 and total expenses (including $44,000 depreciation) of $775,000. The balance sheet reported the following accounts receivable-beginning balance,
Laser World's income statement reported total revenues, $930,000 and total expenses (including $44,000 depreciation) of $775,000. The balance sheet reported the following accounts receivable-beginning balance, $58,000 and ending balance, $54,000; accounts payable-beginning balance, $27,500 and ending balance, $33,500. Therefore, based only on this information, the net cash inflows from operating activities were $209,000. $201,000. $157,000. $197,000. Laser World's income statement reported total revenues, $930,000 and total expenses (including $44,000 depreciation) of $775,000. The balance sheet reported the following accounts receivable-beginning balance, $58,000 and ending balance, $54,000; accounts payable-beginning balance, $27,500 and ending balance, $33,500. Therefore, based only on this information, the net cash inflows from operating activities were $209,000. $201,000. $157,000. $197,000
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