In: Economics
A company reported the following information:
Cash received from customers = $27,300
Cash paid to suppliers = $11,400
Cash paid for other operating expenses = $7,400
Cash paid for income taxes = $3,250
The company’s cash flow from operating activities is closest to?
$8,500 |
|
$15,900 |
|
$5,250 |
Cash flow from operating activities (CFO) = Cash received from customers - Cash paid to suppliers - Cash paid for other operating expenses - Cash paid for income taxes
Cash flow from operating activities = 27300 - 11400 - 7400 - 3250 = 5250
Last option is correct answer