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What is the company cash flow from operations for the year

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Reference no: EM133043825

Question - A company reports net income of $100 and depreciation expense of $60. Additionally, it has the following changes in its balance sheet accounts for the year:

Accounts receivable $30 Increase

Inventory $10 Decrease

Accounts payable $15 Increase

Common stock $25 Decrease

Long-term debt $40 Increase

Required - What is the company's cash flow from operations for the year?

a. $135

b. $160

c. $155

d. $140

Reference no: EM133043825

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