Q8.

Use the following information to calculate operating cash flow:

Net Income = $100

Depreciation Expense = $30

Change in Inventory $10

Change in Accounts Receivable = $30

Change in Accounts Payable = -$5

A.$25

B.$85

C.$130

D.$165

Q16.

Use the following information to calculate the net liquid balance:

Cash and equivalents= $10

Accounts receivable = $30,

Inventory = $25,

Accounts payable =$10,

Notes payable = $25

a. $-25

b. $-15

c. $35

d.$70