Bamboo Co. Limited had a profit after tax of $75 000 for the financial year. Included in this profit was: Depreciation expense of $22 000
Gain on sale of investments of $6 000
Also, accounts receivable increased by $26 000 and inventories decreased by $8 000. The cash flow from operating activities during the year was:

A) $48 000
B) $73 000
C) $78 000
D) $82 000

Profit After Tax

The net income earned by a company after all taxes have been deducted from total revenue.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to use and age.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.