FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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y courses / BUSS 104-1-20202 / MAKEUP TEST SCHEDULED FOR Thursda
E (06-05-2021 from 11:00 to 12: Noon)
The XYZ Company had the following income statement on
31.12.2020 Deprecation 5000 Net income 110000 OMR The
following accounts decreased during 2020: Accounts receivable
24000 inventory 18000 OMR, Rent payable 15000, Machinery 15000
OMR The following accounts increased during 2020:Notes
receivable 14000 Accounts Payable 8000 long term Bonds payable
30000 OMR Calculate cash flows from operating activities
Select one:
Oa. 149000 OMR
O b. NONE OF THESE
O c. 136000 OMR
O d. 145000 OMR
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Transcribed Image Text:y courses / BUSS 104-1-20202 / MAKEUP TEST SCHEDULED FOR Thursda E (06-05-2021 from 11:00 to 12: Noon) The XYZ Company had the following income statement on 31.12.2020 Deprecation 5000 Net income 110000 OMR The following accounts decreased during 2020: Accounts receivable 24000 inventory 18000 OMR, Rent payable 15000, Machinery 15000 OMR The following accounts increased during 2020:Notes receivable 14000 Accounts Payable 8000 long term Bonds payable 30000 OMR Calculate cash flows from operating activities Select one: Oa. 149000 OMR O b. NONE OF THESE O c. 136000 OMR O d. 145000 OMR
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