For 2014,Street Corporation reported net income of $400,000 and a net cash flows from operating activities of $550,000 during the year.Which of the following could not have been a reason why Street's net cash flows from operating activities were greater than its net income?

Question

Quizplus · Accepted Answer

Net cash flow from operating activities = Net income +/- Adjustments to reconcile net income to net cash flow from operating activities
Net cash flow from operating activities = Net income - Increase in accounts receivable + Decrease in prepaid insurance + Increase in accounts payable - Decrease in unearned revenue

For 2014,Street Corporation Reported Net Income of $400,000 and a Net