Question:In 2007, XYZ Company had a net income of $150,000 and reported the following: Depreciation expense: $21,000 Issuance of debt: $120,000 Loss on sale of equipment: $23,000 Purchase of building: $110,000 Increase in inventory: $12,000 Given this data, the amount of cash flow from operations was ______________.
A $182,000
B $171,000
C $159,000
D $138,000
+ AnswerA
+ Report
Total Preview: 596