question archive The following information is for Cleveland Company: 26 Accounts receivable Prepaid rent Long term investments Dividends payable Salaries payable Long term notes payable Beginning of Year $ 198,000 26,500 179,000 69,200 183,200 383,800 End of Year $ 138,500 55,000 151,500 53,600 175,000 356,400 Additional data for the current year: (1) Sales on account for the period were $228,000
The following information is for Cleveland Company: 26 Accounts receivable Prepaid rent Long term investments Dividends payable Salaries payable Long term notes payable Beginning of Year $ 198,000 26,500 179,000 69,200 183,200 383,800 End of Year $ 138,500 55,000 151,500 53,600 175,000 356,400 Additional data for the current year: (1) Sales on account for the period were $228,000
Subject:BusinessPrice: Bought3
The following information is for Cleveland Company: 26 Accounts receivable Prepaid rent Long term investments Dividends payable Salaries payable Long term notes payable Beginning of Year $ 198,000 26,500 179,000 69,200 183,200 383,800 End of Year $ 138,500 55,000 151,500 53,600 175,000 356,400 Additional data for the current year: (1) Sales on account for the period were $228,000. (2) Operating expenses for the period were $127,000. Based on this limited information, what was the net cash inflow from operating activities? Multiple Choice Saved Based on this limited information, what was the net cash inflow from operating activities? Multiple Choice $36,700 $123,800 $101,000 $59,500
