cash flows from operating activities
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 5DQ
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Question
at the beginning and end of the year, respectively. Net income reported on the income
statement for the year was $125,000. Exclusive of the effect of other adjustments, the
cash flows from operating activities to be reported on the statement of cash flows
prepared by the indirect method are:
a. $109,000
b. $141,000
c. $125,000
d. $140,000
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