Flynn Corporation had the following cash flows for the current year.The company uses the direct method in preparing the statement of cash flows.

-Use the information above to answer the following question.If the cash balance at the beginning of the current year was $0,what is the amount of cash at the end of the year?
A) $112,500
B) $425,000
C) $737,500
D) $311,500

Question

Flynn Corporation had the following cash flows for the current year.The company uses the direct method in preparing the statement of cash flows.
 
-Use the information above to answer the following question.If the cash balance at the beginning of the current year was $0,what is the amount of cash at the end of the year?
A) $112,500 
B) $425,000 
C) $737,500 
D) $311,500

Quizplus · Accepted Answer

The Answer of Flynn Corporation had the following cash flows for the current year.The company uses the direct method in preparing the statement of cash flows.
 
-Use the information above to answer the following question.If the cash balance at the beginning of the current year was $0,what is the amount of cash at the end of the year?
A) $112,500 
B) $425,000 
C) $737,500 
D) $311,500

Flynn Corporation Had the Following Cash Flows for the Current