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The Mid-American Farm Products Corporation provided the following financial information for the quarter ending September 30, 2014: Depreciation and amortization $75,000 Net Income $225,000 Increase
The Mid-American Farm Products Corporation provided the following financial information for the quarter ending September 30, 2014:
Depreciation and amortization | $75,000 |
Net Income | $225,000 |
Increase in receivables | $95,000 |
Increase in inventory | $69,000 |
Increase in accounts payables | $80,000 |
Decrease in marketable securities | $34,000 |
What is the cash flow from operating activities generated during this quarter by the firm?
$250,000
$300,000
$225,000
$510,000
None of the other choices.
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