In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net cash provided by operating activities was:
A)$120,000.
B)$71,000.
C)$70,000.
D)$24,000.
E)$110,000.

Question

In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:  Net cash provided by operating activities was:
A)$120,000. 
B)$71,000. 
C)$70,000. 
D)$24,000. 
E)$110,000.

Quizplus · Accepted Answer

The Answer of In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:  Net cash provided by operating activities was:
A)$120,000. 
B)$71,000. 
C)$70,000. 
D)$24,000. 
E)$110,000.

In Preparing a Company's Statement of Cash Flows for the Most