Table 4.1
True Sandpaper Co.
Balance Sheets
For the Years Ended 2014 and 2015
-The firm's cash flow from operating activities is ________. (See Table 4.1)
A) $50
B) $350
C) $150
D) $200

Question

Table 4.1
True Sandpaper Co.
Balance Sheets
For the Years Ended 2014 and 2015 
-The firm's cash flow from operating activities is ________. (See Table 4.1)
A) $50 
B) $350 
C) $150 
D) $200

Quizplus · Accepted Answer

The firm's cash flow from operating activities is $50. This is calculated by taking the net income of $100 and adding back the depreciation and amortization expense of $50.

Table 4.1 True Sandpaper Co