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Avatar Company Uses the Indirect Method to Prepare Its Statement

Question 82

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Avatar Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014. Avatar Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014. If the beginning cash balance is $18,000, what would the ending cash balance be? A) $21,000 B) $18,000 C) $3,000 D) $15,000 If the beginning cash balance is $18,000, what would the ending cash balance be?


A) $21,000
B) $18,000
C) $3,000
D) $15,000

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