Figure 15-2. Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:
Refer to Figure 15-2.The net cash flows from operating activities to be reported in a statement of cash flows is
A)$135,000.
B)$98,000.
C)$159,000.
D)$74,000.

Question

Figure 15-2. Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:
 Refer to Figure 15-2.The net cash flows from operating activities to be reported in a statement of cash flows is
A)$135,000. 
B)$98,000. 
C)$159,000. 
D)$74,000.

Quizplus · Accepted Answer

The Answer of Figure 15-2. Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:
 Refer to Figure 15-2.The net cash flows from operating activities to be reported in a statement of cash flows is
A)$135,000. 
B)$98,000. 
C)$159,000. 
D)$74,000.