The following statement of ﬁnancial position and statement of comprehensive income should be used. How will Woodburn's accounts receivable appear on the statement of cash ﬂows for 2015($ in
Thousands)?
A) $40 operating activity cash outﬂow.
B) $40 investment activity cash outﬂow.
C) $40 operating activity cash inﬂow.
D) $40 investment activity cash inﬂow.
E) $40 ﬁnancing activity cash inﬂow.

Question

The following statement of ﬁnancial position and statement of comprehensive income should be used.   How will Woodburn's accounts receivable appear on the statement of cash ﬂows for 2015($ in
Thousands)?
A) $40 operating activity cash outﬂow. 
B) $40 investment activity cash outﬂow. 
C) $40 operating activity cash inﬂow. 
D) $40 investment activity cash inﬂow. 
E) $40 ﬁnancing activity cash inﬂow.

Quizplus · Accepted Answer

The Answer of The following statement of ﬁnancial position and statement of comprehensive income should be used.   How will Woodburn's accounts receivable appear on the statement of cash ﬂows for 2015($ in
Thousands)?
A) $40 operating activity cash outﬂow. 
B) $40 investment activity cash outﬂow. 
C) $40 operating activity cash inﬂow. 
D) $40 investment activity cash inﬂow. 
E) $40 ﬁnancing activity cash inﬂow.

The Following Statement of ﬁNancial Position and Statement of Comprehensive