Post Utme Noun 2024 Commerce Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Noun Commerce examination.

Post Utme Noun 2024 Commerce Objective / Multiple Choice
Question 20 POST_UTME_NOUN • 2024 • COMMERCE • objective

A company's cash flow statement can be described by the following equation: Cash Flow = Net Income + Depreciation + Change in Working Capital. What is the value of Net Income?

Answer Options

Correct Answer A. Cash Flow - Depreciation - Change in Working Capital
B. Cash Flow + Depreciation + Change in Working Capital
C. Cash Flow - Depreciation + Change in Working Capital
D. Cash Flow + Depreciation - Change in Working Capital
Correct Answer
A
Correct Option:
Cash Flow - Depreciation - Change in Working Capital

About This Question

This is Post Utme Noun 2024 Commerce Question 20. It is one of the objective questions from the 2024 Post Utme Noun Commerce examination.

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