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Enigma has the following financial information: Net Income $70,000 Taxable Income (EBT) $100,000 Interest Expense $20,000 Depreciation Expense $15,000 Tax Expense $30,000 Increase in Current Assets $20,000 Increase in A/P and Accruals $10,000 Decrease in Gross Fixed Assets $100,000 No changes were made in interest payable or taxes payable. Based on the information in the table above, what is Enigma's cash flow from operations?

A) $85,000

B) $100,000

C) $105,000

D) $75,000

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91261136

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