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Carpet World Inc

Question 86

Multiple Choice

Carpet World Inc. reported the following information for 2015 and 2016. Carpet World Inc. reported the following information for 2015 and 2016. If Carpet World 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 2016? A) $64,000 B) $66,000 C) $68,000 D) $70,000 If Carpet World 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 2016?


A) $64,000
B) $66,000
C) $68,000
D) $70,000

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