A company reported the following information: Cash received from customers = $27,300 Cash paid to suppliers...

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

Solutions

Expert Solution

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

Rahul Sunny answered 1 year ago

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