Flynn Corporation had the following cash flows for the current year.The company uses the direct method in preparing the statement of cash flows.Use the information above to answer the following question.If the cash balance at the beginning of the current year was $0,what is the amount of cash at the end of the year?
A)$112,500
B)$425,000
C)$737,500
D)$311,500

Question

Flynn Corporation had the following cash flows for the current year.The company uses the direct method in preparing the statement of cash flows.Use the information above to answer the following question.If the cash balance at the beginning of the current year was $0,what is the amount of cash at the end of the year? 
A)$112,500 
B)$425,000 
C)$737,500 
D)$311,500

Quizplus · Accepted Answer

The Answer of Flynn Corporation had the following cash flows for the current year.The company uses the direct method in preparing the statement of cash flows.Use the information above to answer the following question.If the cash balance at the beginning of the current year was $0,what is the amount of cash at the end of the year? 
A)$112,500 
B)$425,000 
C)$737,500 
D)$311,500

Flynn Corporation Had the Following Cash Flows for the Current