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What are Barrel Corporation cash flows

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Reference no: EM132617833

Question - The following information is available from the financial statements of Barrel Corporation for the year ended December 31:

Net Income $260,000

Increase in Accounts Payable $5,000

Depreciation Expense $10,000

Payment of Dividends $2,500

Decrease in Accounts Receivable $7,500

Increase in Inventories $5,000

Decrease in Income Taxes Payable $10,000

Required - What are Barrel Corporation's cash flows from operating activities?

A. $267,500

B. $265,000

C. $272,500

D. $257,500

Reference no: EM132617833

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