Post Utme Lead City University 2017 Commerce Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice
Question 25 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A company's cash flow statement shows that its net income is ₦1,000,000, its depreciation is ₦200,000, and its change in working capital is ₦300,000. What is its cash flow from operations?

Answer Options

A. ₦1,500,000
Correct Answer B. ₦1,600,000
C. ₦1,700,000
D. ₦1,800,000
Correct Answer
B
Correct Option:
₦1,600,000

About This Question

This is Post Utme Lead City University 2017 Commerce Question 25. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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