Table 17-3
Cando Company uses the indirect method to prepare its statement of cash flows. Refer to the following information:
Additional information provided:

-Refer to Table 17-3.What is the net cash flow provided by operations if the reported net loss is $24,000?
A) $ (24,000)
B) $ (28,000)
C) $ (4,000)
D) $ (16,000)

Question

Table 17-3
Cando Company uses the indirect method to prepare its statement of cash flows. Refer to the following information:
  Additional information provided:
 
-Refer to Table 17-3.What is the net cash flow provided by operations if the reported net loss is $24,000?
A) $ (24,000) 
B) $ (28,000) 
C) $ (4,000) 
D) $ (16,000)

Quizplus · Accepted Answer

B)
 11ea8586_2deb_0433_a31f_4307ed5e6328_TB5022_00

Table 17-3 Cando Company Uses the Indirect Method to Prepare Its Statement