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Advance Systems Inc

Question 105

Multiple Choice

Advance Systems Inc. reported the following information for 2013 and 2014: Advance Systems Inc. reported the following information for 2013 and 2014: If Advance Systems uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash flows from operating activities for 2014? A) $72,000 B) $78,000 C) $94,000 D) $98,000 If Advance Systems uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash flows from operating activities for 2014?


A) $72,000
B) $78,000
C) $94,000
D) $98,000

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