medium · Principles of Finance financial-statements-markets-wc

Suppose a company's Net Income is 200M. Included in this is a non-cash depreciation expense of 50M.

If the company's Accounts Receivable increased by 30M and Accounts Payable increased by 10M during the period, what is the Cash Flow from Operations (CFO)?

  1. $270M
  2. $210M
  3. $190M
  4. $230M

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