last option is 425 million CFO Corporation Current Year Income Statement (in $millions). Sales Cost of Goods
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last option is 425 million
CFO Corporation Current Year Income Statement (in $millions). Sales Cost of Goods Sold $1,424 844 Depreciation Earnings Before Income and Taxes 250 $330 $330 Earnings Before Taxes Taxes Net Income 116 $214 Use CFO Corporation's income statement above to answer the following question. If CFO has a $76 million increase in accounts receivable, a $55 million increase in accounts payable, a $21 million decrease in inventories, and $39 million decrease in accrual expense, then the company's cash flow from operations is: 0 $526 million $377 million $289 million None of the above SIDE
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