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Laser World's income statement reported total revenues of $910,000 and total expenses (including $43,500 depreciation) of $750,000. The balance sheet reported the following: Accounts Receivablebeginning
Laser World's income statement reported total revenues of $910,000 and total expenses (including $43,500 depreciation) of $750,000. The balance sheet reported the following: Accounts Receivablebeginning balance, $60,000 and ending balance, $61,500; Accounts Payablebeginning balance, $26,500 and ending balance, $32,500. Therefore, based only on this information, the net cash flows from operating activities were:
rev: 05_01_2020_QC_CS-210424
Multiple Choice
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$112,300.
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$164,500.
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$208,000.
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$199,150.
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