Mercury Corporation reported the following information on its financial statements: If the company uses the indirect method 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)$171,000
B)$215,000
C)$245,000
D)$183,000

Question

Mercury Corporation reported the following information on its financial statements:  If the company uses the indirect method 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)$171,000 
B)$215,000 
C)$245,000 
D)$183,000

Quizplus · Accepted Answer

The Answer of Mercury Corporation reported the following information on its financial statements:  If the company uses the indirect method 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)$171,000 
B)$215,000 
C)$245,000 
D)$183,000

Mercury Corporation Reported the Following Information on Its Financial Statements