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Paxton Inc

Question 39

Multiple Choice

Paxton Inc. had the following information related to last year's sales: Paxton Inc. had the following information related to last year's sales: What amount would be reported as cash collections from customers on the statement of cash flows using the direct method? A) $404,000 B) $176,000 C) $516,000 D) $306,000 What amount would be reported as "cash collections from customers" on the statement of cash flows using the direct method?


A) $404,000
B) $176,000
C) $516,000
D) $306,000

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