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Starfire Company Uses the Indirect Method to Prepare the Cash $4,000 \$ 4,000

Question 174

Multiple Choice

Starfire Company uses the indirect method to prepare the cash flow statement. Please refer to the following:  Starfire Company uses the indirect method to prepare the cash flow statement. Please refer to the following:   Other information provided: Current assets other than cash decrease by   \$ 4,000  .  Current liabilities increase by   \$ 1,000  . 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:
Current assets other than cash decrease by $4,000 \$ 4,000 .
Current liabilities increase by $1,000 \$ 1,000 . 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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