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Business, 17.03.2020 23:23 skyvargasov9cad

Laser World's income statement reported total revenues, $870,000 and total expenses (including $44,000 depreciation) of $755,000. The balance sheet reported the following: Accounts Receivable—beginning balance, $58,000 and ending balance, $60,500; Accounts Payable—beginning balance, $26,500 and ending balance, $32,500. Therefore, based only on this information, the net cash flows from operating activities were:

$162,500.

$155,500.

$118,500.

$150,500.

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Laser World's income statement reported total revenues, $870,000 and total expenses (including $44,0...
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