Mathematics · Cash Flow Statement Analysis
Brightstar Co is preparing its statement of cash flows for the year ended 31 December 20X4 using the indirect method. The following financial information is available for the year: Operating profit: $150,000 Depreciation: $20,000 Loss on disposal of plant: $5,000 Increase in inventories: $8,000 Decrease in trade receivables: $12,000 Increase in trade payables: $3,000 Interest paid: $10,000 Income tax paid: $22,000 What is Brightstar Co's net cash flow from operating activities for the year ended 31 December 20X4?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$138,000
- 2$162,000
- 3$182,000
- 4$150,000✓
Correct answer
$150,000
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