Northington, Inc. is preparing the company's statement of cash flows for the fiscal year just ended. Using the following information, determine the amount of cash flows from operating activities using the indirect method:
A)$332,200.
B)$236,800.
C)$261,400.
D)$186,800.
E)$189,400.

Question

Northington, Inc. is preparing the company's statement of cash flows for the fiscal year just ended. Using the following information, determine the amount of cash flows from operating activities using the indirect method: 
A)$332,200. 
B)$236,800. 
C)$261,400. 
D)$186,800. 
E)$189,400.

Quizplus · Accepted Answer

The Answer of Northington, Inc. is preparing the company's statement of cash flows for the fiscal year just ended. Using the following information, determine the amount of cash flows from operating activities using the indirect method: 
A)$332,200. 
B)$236,800. 
C)$261,400. 
D)$186,800. 
E)$189,400.