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Starfire Company Uses the Indirect Method to Prepare the Statement

Question 71

Multiple Choice

Starfire Company uses the indirect method to prepare the statement of cash flows. Please refer to the following income statement: Starfire Company uses the indirect method to prepare the statement of cash flows. Please refer to the following income statement: Other information provided: How much is the Net cash flow provided by operations? A) $11,000 positive B) $11,000 negative C) $23,000 positive D) $1,000 negative Other information provided:
Starfire Company uses the indirect method to prepare the statement of cash flows. Please refer to the following income statement: Other information provided: How much is the Net cash flow provided by operations? A) $11,000 positive B) $11,000 negative C) $23,000 positive D) $1,000 negative How much is the Net cash flow provided by operations?


A) $11,000 positive
B) $11,000 negative
C) $23,000 positive
D) $1,000 negative

Correct Answer:

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