A company reported the following information: If the indirect method is used to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2020?
A)$92,000
B)$109,000
C)$111,000
D)$113,000

Question

A company reported the following information:  If the indirect method is used to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2020?
A)$92,000 
B)$109,000 
C)$111,000 
D)$113,000

Quizplus · Accepted Answer

The Answer of A company reported the following information:  If the indirect method is used to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2020?
A)$92,000 
B)$109,000 
C)$111,000 
D)$113,000

A Company Reported the Following Information: If the Indirect