Moore Corporation reported net income of $200,000 for the current year ended June 30. Accounts receivable had a beginning balance of $34,000 and an ending balance of $44,000. Accounts payable had a beginning balance of $29,000 and an ending balance of $41,000. Assuming that this is all of the relevant information, Moore's cash flows from operating activities are ________.
A) $178,000
B) $202,000
C) $198,000
D) $222,000

Question

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The Answer of Moore Corporation reported net income of $200,000 for the current year ended June 30. Accounts receivable had a beginning balance of $34,000 and an ending balance of $44,000. Accounts payable had a beginning balance of $29,000 and an ending balance of $41,000. Assuming that this is all of the relevant information, Moore's cash flows from operating activities are ________.
A) $178,000
B) $202,000
C) $198,000
D) $222,000

Moore Corporation Reported Net Income of $200,000 for the Current