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Paige's Properties Inc

Question 21

Multiple Choice

Paige's Properties Inc.reported 2018 net income of $5 million and depreciation of $1,500,000.The top part Paige's Properties,Inc.'s 2017 and 2018 balance sheets is listed as follows (in millions of dollars) . Paige's Properties Inc.reported 2018 net income of $5 million and depreciation of $1,500,000.The top part Paige's Properties,Inc.'s 2017 and 2018 balance sheets is listed as follows (in millions of dollars) .   What is the 2018 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 What is the 2018 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

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