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n1 ut of During 2020 the XYZ Company had a net income of $200,000. In addition, selected accounts showed the following changes: Accounts Receivable 12,000
n1 ut of During 2020 the XYZ Company had a net income of $200,000. In addition, selected accounts showed the following changes: Accounts Receivable 12,000 increase Accounts Payable 4,000 increase Buildings 16,000 decrease Depreciation Expense 6,000 increase Bonds Payable-long terms 32,000 increase What was the amount of cash inflows by operating activities? question Select one: a. 198,000 b. 238,000 C. 200,000 d. 206,000 tica 2 et The accountant for X CO is preparing the income statement and the statement of financial position at the end of the year. The Closing balance, of the inventory will appear? ered ed out of lag question Select one: O a. only as an asset on the statement of financial position O b. only in the cost of goods sold section of the income statement C. as an addition in the cost of goods sold section of the income statement and as a current asset on the statement of financial position. d. as a deduction in the cost of goods sold section of the income statement and as a current asset on the statement of financial position
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