Wellington,Inc.uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2017:

Use the direct method to compute the total cash receipts from operating activities.
A)$286,900
B)$296,700
C)$259,400
D)$293,900

Question

Wellington,Inc.uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2017:

Use the direct method to compute the total cash receipts from operating activities.
A)$286,900 
B)$296,700 
C)$259,400 
D)$293,900

Quizplus · Accepted Answer

B)
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