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Question 13 (4 points) Saved Q&Q Incorporation had $25,000 in cash at year-end 2016 and $55,000 in cash at year-end 2017. The firm invested in
Question 13 (4 points) Saved Q&Q Incorporation had $25,000 in cash at year-end 2016 and $55,000 in cash at year-end 2017. The firm invested in property, plant, and equipment totaling $150,000. Cash flow from financing activities totaled +$85,000. What was the cash flow from operating activities? -$65,000 $95.000 $180,000 $55,000 Question 14 (4 points) Continued form the above question, if accruals increased by $28,000, receivables and inventories increased by $30,000, and depreciation and amortization totaled $15,000, what was the firm's net income? $13,000 $45,000 $125,000 $82,000
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