Question: Given the below excerpts from an income statement and a balance sheet, what is operating cash flow under US GAAP? Net income 200 Depreciation and
Given the below excerpts from an income statement and a balance sheet, what is operating cash flow under US GAAP? Net income 200 Depreciation and amortization 50 Loss on sale of investment 20 Beginning balance Ending balance accounts receivable 60 50 prepaid expense 30 20 inventory 15 20 interest receivable 10 6 PP&E 240 600 Goodwill 10 50 accounts payable 10 15 deferred revenue 12 16 tax payable 3 4 interest payable 5 2 long term debt 200 180 stock 20 20 Select one: a. $256 b. $247 c. $294 d. $296
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