Statement of Cash Flows Paige's Properties Inc.reported 2013 net income of $5 million and depreciation of $1,500,000.The top part Paige's Properties,Inc.'s 2012 and 2013 balance sheets is listed as follows (in millions of dollars).
What is the 2013 net cash flow from operating activities for Paige's Properties,Inc.?

A)-$13,500,000
B)$1,500,000
C)$5,000,000
D)$6,500,000

Question

Statement of Cash Flows Paige's Properties Inc.reported 2013 net income of $5 million and depreciation of $1,500,000.The top part Paige's Properties,Inc.'s 2012 and 2013 balance sheets is listed as follows (in millions of dollars).
What is the 2013 net cash flow from operating activities for Paige's Properties,Inc.?

A)-$13,500,000 
B)$1,500,000 
C)$5,000,000 
D)$6,500,000

Quizplus · Accepted Answer

The Answer of Statement of Cash Flows Paige's Properties Inc.reported 2013 net income of $5 million and depreciation of $1,500,000.The top part Paige's Properties,Inc.'s 2012 and 2013 balance sheets is listed as follows (in millions of dollars).
What is the 2013 net cash flow from operating activities for Paige's Properties,Inc.?

A)-$13,500,000 
B)$1,500,000 
C)$5,000,000 
D)$6,500,000