Identify net cash flow from operating activities, Accounting Basics

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Identify net cash flow from operating activities

Question: Luna, Inc. has an accrual basis net loss of $80,000 and the following related items: Depreciation expense $44,000 Accounts receivable decrease 32,000 Inventory increase 24,000 Accounts payable increase 12,000 Accrued liabilities increase 20,000 How much is Lunas' net cash flow from operating activities in for the year? Select one: A. $ (52,000) B. $ 4,000 C. $ (16,000) D. $140,000

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Accounting Basics: Identify net cash flow from operating activities

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