The collection of cash from customers would be classified as which type of cash

Question

The collection of cash from customers would be classified as which type of cash flow on the Statement Cash Flows? Financing. Investing. Operating. Not reported on the statement of cash flows. Assume net income was $100,000, depreciation expense was $8,000, accounts receivable decreased by $7,500, and accounts payable decreased by $2,500. The amount of cash flows from operating activities is: $103,000. $100,000. $108,000. $113,000. Lense laboratories' net income was S250,000. Given the account information below, what is the net operating cash flows for Lense Laboratories? $152,000. $278,000. $312,000. $438,000. During the year, Next Tee Corp, had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-term borrowing, $6,000; payment to suppliers, S5,000; payment of dividends, $1,000, payment to workers, $2,000; and payment for machinery, $8,000. What amount would be reported for cash flows on the Statement of Cash Flows? $5,000. $2,000. $6.000. ($8,000).

Explanation / Answer

54. C Operating
Cash receipts from customers comes under Cash flows from operating activities.

55.
Net Income = $100,000
Add: Dep. = $8,000
Add: Decrease A/R= $7,500
Less: Decrease A/P = -$2500
Cash flow from operating Activities = $113,000

56.
Net operating Cash Flow = $250,000 NI + $45,000 Dep - $60,000 A/R + $50,000 S/P + $30,000 In.+ - $3000 PE = $312,000

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