Shamrock Inc.'s accounts receivable arising from sales to customers amounted to $94000 and $83000 at the beginning and end of 2022, respectively. Income reported on the income statement for 2022 was $297000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is $391000. $297000. $308000. $286000.
Shamrock Inc.'s accounts receivable arising from sales to customers amounted to $94000 and $83000 at the beginning and end of 2022, respectively. Income reported on the income statement for 2022 was $297000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is $391000. $297000. $308000. $286000.
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 4DQ
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Shamrock Inc.'s
$391000.
$297000.
$308000.
$286000.
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