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Prior Fiscal Year Current Fiscal Year
Accounts receivable $10,000 : $12,000
Inventories22,000 : 19,000
Prepaid expenses6,000 : 7,000
Accounts payable14,000 : 19,000
Long-term debt70,000 : 62,000
What amount should be reported as cash flow from operating activities on Premiere’s Statement of Cash Flows for the current fiscal year?
a. $25,000.
b. $27,000.
c. $33,000.
d. $30,000.
(D) is the Correct Ans.
30,000
Detail can be provided on demand.
Thank you;.
d $30,000
.............................
d. >>>>>>>>>>>>>>>>>>>>>>>>>>> $30,000.
The Correct option is D)30,000
The Net Income = 25,000
Adustments of working capital changes
Increase in Rcceivables (2,000)
Decreae in Inventory 3,000
Increae in Prepaid (1,000)
Decrease in Payables 5,000
30,000
Dear brother the correct answer for your question is choice D $30,000
Thanks
d. $30,000==========================================
D>.................................................//////////////. $30,000.
D is the correct answer
Thank you
correct answer is d-$30000
Ans: D is the correct answer that is 30,000
.................30000 agree with answers
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