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Last year, ARK Corporation reported after-tax Operating Cash Flow (OCF) of $50,000. The following information was...

Last year, ARK Corporation reported after-tax Operating Cash Flow (OCF) of $50,000. The following information was also reported for the same period: Beginning Ending Accounts receivable $35,000 $40,000 Inventory 60,540 56,400 Accounts payable 70,750 72,800 Based on this information, what was ARK’s cash flow? (Assuming zero depreciation expenses and zero capital spending) Question options: a) $44,509 b) $45,690 c) $47,582. d) $50,670 e) $51,190

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Answer #1
e) $51,190
Statement of Cash Flow
Particulars Amount Total Amount
Income               50,000.00
Increase in AR               (5,000.00)
Decrease in inventory                 4,140.00
Increase in AP                 2,050.00
Cash flow from operating activities              51,190.00
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