During the quarter ended 3312015 simonis inc collected 100, Ask an Expert

Accounting

During the quarter ended 3/31/2015, Simonis Inc. collected $100 of cash from customers, paid $60 of cash to suppliers, paid $30 of cash to employees and other creditors, and recorded a $5 loss on sale of equipment. There were no other cash flows related to operating activities.

What was Simonis’ Cash Flow from Operations during the quarter ended 3/31/2015?

$25

$15

$20

$10

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91585150

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