1 answer

Se Heip Kola Corporation reports net income of $590000 that includes depreciation expense of $79,000 Also,...

Question:

Se Heip Kola Corporation reports net income of $590000 that includes depreciation expense of $79,000 Also, cash of $46.000 wa
Se Heip Kola Corporation reports net income of $590000 that includes depreciation expense of $79,000 Also, cash of $46.000 was borrowed on a 6-year note payablie Based on this dara, total cash infows from operating activtes ane Mutiple Cholce 5636.000 S5000 s000 se

Answers

Total cash inflows from operating activities = Net income+Depreciation = 590000+79000= $669,000
Cash borrowed from Note payable is a Financing activity.
$669,000 is correct option
.

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