Avatar Company uses the direct method to prepare its statement of cash flows. Please refer to the following financial statement information for the year 2014:
- On Avatar's statement of cash flows, using the direct method, what amount will be shown for payments to employees?
A) $62,000
B) $42,000
C) $24,000
D) $45,000

Question

Avatar Company uses the direct method to prepare its statement of cash flows. Please refer to the following financial statement information for the year 2014:  
- On Avatar's statement of cash flows, using the direct method, what amount will be shown for payments to employees?
A) $62,000 
B) $42,000 
C) $24,000 
D) $45,000

Quizplus · Accepted Answer

D) Calculations: $45,000 only

Avatar Company Uses the Direct Method to Prepare Its Statement