Question
The following are balances from XYZ company financial statements as of 31/12/2019: Account 2018 2019 Marketable Securities $15,000 $18,000 Accounts Receivable $15,000 $20,000 Inventory $19,000
The following are balances from XYZ company financial statements as of 31/12/2019:
| Account | 2018 | 2019 |
| Marketable Securities | $15,000 | $18,000 |
| Accounts Receivable | $15,000 | $20,000 |
| Inventory | $19,000 | $16,000 |
| Gross Fixed Assets | $78,000 | $88,000 |
| Accounts Payable | $19,000 | $12,000 |
| Net profits after taxes | $16,000 | $24,000 |
| Depreciation | -$7,000 | -$7,000 |
| Selling Expenses | -$3,000 | -$5,000 |
| Dividends | -$5,000 | -$5,000 |
In the statement of cash flows, the amount of cash provided from operating activities is?
Select one:
a. $22,000
b. $26,000
c. $24,000
d. $29,000
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Finance And Economics Discussion Series Tax Exhaustion Firm Investment And Leasing A Test Of The Q Model Of Investment
Authors: United States Federal Reserve Board, Michael P. O'Malley
1st Edition
1288722370, 9781288722372
