The data given below are from the accounting records of Kain Company:
Based on this information, the net cash flows from operating activities on the statement of cash flows using the indirect method would be

A) $51,300.
B) $50,000.
C) $42,100.
D) $44,700.

Question

The data given below are from the accounting records of Kain Company: 
Based on this information, the net cash flows from operating activities on the statement of cash flows using the indirect method would be

A) $51,300. 
B) $50,000. 
C) $42,100. 
D) $44,700.

Quizplus · Accepted Answer

$40,000 + $8,000 - $1,800 + $2,500 - $4,000 = $44,700

The Data Given Below Are from the Accounting Records of Kain