Farmer's Corp. has the following items that the controller is uncertain of where to place on the statement of cash flows: Using the indirect method, how much would appear in the Operating Activities section?

Question

Farmer's Corp. has the following items that the controller is uncertain of where to place on the statement of cash flows:  Using the indirect method, how much would appear in the Operating Activities section?

Quizplus · Accepted Answer

Without specific information about the items, it is impossible to determine the correct answer. However, since the question asks for the amount that would appear in the Operating Activities section, the answer must be a positive number (since the options B and C show negative amounts). Therefore, the only possible answer is D, $116,000.