Table 17-7
The accounting records of McKal Chocolates Ltd. reveal the following:

-Refer to Table 17-7.Assume that McKal Chocolates Ltd.used the direct-method to prepare their cash flow statement.What would be the Total net cash flow from operating,investing and financing activities?
A) ($91,950)
B) ($83,950)
C) ($81,950)
D) ($85,950)

Question

Table 17-7
The accounting records of McKal Chocolates Ltd. reveal the following:
 
-Refer to Table 17-7.Assume that McKal Chocolates Ltd.used the direct-method to prepare their cash flow statement.What would be the Total net cash flow from operating,investing and financing activities?
A) ($91,950) 
B) ($83,950) 
C) ($81,950) 
D) ($85,950)

Quizplus · Accepted Answer

A) $113,050 - 195,000 - 10,000

Table 17-7 The Accounting Records of McKal Chocolates Ltd. Reveal the Following