Operating expenses Assignment | College Homework Help

Nelson Company experienced the following transactions during Year 1, its first year in operation 1. Issued $8,200 of common stock to stockholders. 2. Provided $4,500 of services on account. 3. Paid $2,150 cash for operating expenses. 4. Collected $3,000 of cash from accounts receivable. 5. Paid a $210 cash dividend to stockholders. The amount of net cash flow from operating activities shown on Nelson Company’s Year 1 statement of cash flows is Multiple Choice O $640 $2.140.