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Everest Inc

Question 31

Multiple Choice

Everest Inc. reported the following information for 2011 and 2012: Everest Inc. reported the following information for 2011 and 2012: If Everest Inc. uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2012? A) $ 98,000 B) $139,000 C) $119,000 D) $109,000 If Everest Inc. uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2012?


A) $ 98,000
B) $139,000
C) $119,000
D) $109,000

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