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Titanium Company's Net Income Last Year Was $25,000, and Cash

Question 89

Multiple Choice

Titanium Company's net income last year was $25,000, and cash dividends declared and paid to the stockholders were $10,000.Changes in selected balance sheet accounts for the year appear below: Titanium Company's net income last year was $25,000, and cash dividends declared and paid to the stockholders were $10,000.Changes in selected balance sheet accounts for the year appear below:   Based solely on this information, net cash flow from operating activities under the indirect method on the statement of cash flows would be:  A)  $20,000. B)  $37,000. C)  $12,000. D)  $25,000.
Based solely on this information, net cash flow from operating activities under the indirect method on the statement of cash flows would be:


A) $20,000.
B) $37,000.
C) $12,000.
D) $25,000.

Correct Answer:

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