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Rodriguez Company reported sales revenue of $100,000 and total expenses of $90,000 (including depreciation) for the year ended December 31. During the year, accounts receivable
Rodriguez Company reported sales revenue of $100,000 and total expenses of $90,000 (including depreciation) for the year ended December 31. During the year, accounts receivable decreased by $4,000, merchandise inventory increased by $3,000, accounts payable increased by $2,000, and depreciation expense of $7,000 was recorded.
Assuming no other data are needed, the net cash inflow from operating activities for the year was:
A. $18,000
B. $13,000
C. $20,000
D. $ 7,000
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