A-Z. Corporate Income Statement Current Year A-Z Corporation Current Year Income

Question

A-Z. Corporate Income Statement Current Year A-Z Corporation Current Year Income Statement (in SMillions) Sales Cost of Goods Sold Depreciation Earmings Before Interest and Taxes $1,424 844 250 $330 Eamings Before Taxes Taxes Net Income 116 $214 Use A-Z Corporation's income statement A-Z has a $76 million increase in accounts recelvable, a $55 million increase in accounts payable, a $21 mllion decrease in inventorles, and $39 million decrease in accrual expense. What is the company's cash flow from operations? $377 milion $526 million $289 mllion $425 millon NEXT BOOKMARK CLEAR

Explanation / Answer

hence answer is $425 million

Million $ Net income 214 Depreciation 250 Accounts receivables -76 Accounts payables 55 Inventories 21 Accrued expenses -39 Cash flow from operating activities 425

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