Super Grocers, Inc., provided the following financial information for the quarter ending September 30, 2006:
Depreciation and amortization - $133,414 Net income - $341,463
Increase in receivables - $ 112,709 Increase in inventory - $81,336
Increase in accounts payables - $62,411
Decrease in marketable securities - $31,225
A) $308,458
B) $374,468
C) -$374,468
D) -$308,458
Answer: B
Depreciation and amortization - $133,414 Net income - $341,463
Increase in receivables - $ 112,709 Increase in inventory - $81,336
Increase in accounts payables - $62,411
Decrease in marketable securities - $31,225
What is the cash flow from operating activities generated during this quarter by the firm?
A) $308,458
B) $374,468
C) -$374,468
D) -$308,458
Answer: B
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