Marlin's Tours showed the following components of working capital last year: Beg. of Year End of Year A/R $25,000 $26,000 Inventory $12,000 $12,500 A/P $14,500 $14,000 Cash $4,000 $2,500 Ignore taxes....

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Marlin's Tours showed the following<br>components of working capital last year:<br>Beg. of Year End of Year<br>A/R<br>$25,000<br>$26,000<br>Inventory $12,000<br>$12,500<br>A/P<br>$14,500<br>$14,000<br>Cash<br>$4,000<br>$2,500<br>Ignore taxes. Sales were $24,000 and COGS<br>were $12,000. What was the cash flow for the<br>year?<br>A) $500<br>B) $11,500<br>C) $3,500<br>D) $8,500<br>E) None of the above<br>

Extracted text: Marlin's Tours showed the following components of working capital last year: Beg. of Year End of Year A/R $25,000 $26,000 Inventory $12,000 $12,500 A/P $14,500 $14,000 Cash $4,000 $2,500 Ignore taxes. Sales were $24,000 and COGS were $12,000. What was the cash flow for the year? A) $500 B) $11,500 C) $3,500 D) $8,500 E) None of the above

Jun 03, 2022

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Marlin's Tours showed the following components of working capital last year: Beg. of Year End of Year A/R $25,000 $26,000 Inventory $12,000 $12,500 A/P $14,500 $14,000 Cash $4,000 $2,500 Ignore taxes....

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