Dingo Boot Company uses the direct method to prepare its statement of cash flows.The company had the following cash flows during 2014:

-See information regarding Dingo Boot Company above.The net cash provided by (used in)all activities is
A) $580,000.
B) $410,000.
C) $380,000.
D) $(60,000).

Question

Dingo Boot Company uses the direct method to prepare its statement of cash flows.The company had the following cash flows during 2014:
 
-See information regarding Dingo Boot Company above.The net cash provided by (used in)all activities is
A) $580,000. 
B) $410,000. 
C) $380,000. 
D) $(60,000).

Quizplus · Accepted Answer

The net cash provided by all activities is the sum of the net cash from operating, investing, and financing activities.

Dingo Boot Company Uses the Direct Method to Prepare Its