Correct option is C
Sequence of the following steps involved in calculating cash flows from operating activities of a company:
(E) Goodwill amortised: The periodic reduction of the recorded value of goodwill, an intangible asset, over a specific period.
(A) Operating profit before working capital changes: The profit from core business activities before accounting for changes in working capital.
(B) Cash generated from operations: The total cash flow generated by a company's core business activities.
(C) Income tax paid: The amount of taxes paid to the government based on the company's taxable income.
(D) Net cash flow from operating activities: The net amount of cash generated or used by a company's core business operations.
