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Norris Company experienced the following transactions during 2013, its first year in operation. 1. Issued $6,000 of common stock to stockholders. 2. Provided $2,300 of
Norris Company experienced the following transactions during 2013, its first year in operation. 1. Issued $6,000 of common stock to stockholders. 2. Provided $2,300 of services on account. 3. Paid $1,600 cash for operating expenses. 4. Collected $1,900 of cash from accounts receivable. 5. Paid a $100 cash dividend to stockholders. The amount of net cash flow from operating activities shown on Norris Company's 2013 statement of cash flows is
$200. | ||
$300. | ||
$700. | ||
$600. |
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