Finlay Company reported net income of $925,000 last year. Included in that figure is a...
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Accounting
Finlay Company reported net income of $925,000 last year. Included in that figure is a loss on the sale of equipment of $21,000 and depreciation expense of $32,000. In addition, accounts payable increased by $29,000 during the year. What amount of cash did this company generate from its operating activities?
Select one:
a. $943,000
b. $965,000
c. $1,007,000
d. $949,000
e. $907,000
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