Elmore Company uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2017:

Use the direct method,to compute the total net cash flow from operating activities.(Accrued Liabilities relate to other operating expense. )
A)$(54,700)
B)$38,700
C)$(38,700)
D)$54,700

Question

Elmore Company uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2017:

Use the direct method,to compute the total net cash flow from operating activities.(Accrued Liabilities relate to other operating expense. )
A)$(54,700) 
B)$38,700 
C)$(38,700) 
D)$54,700

Quizplus · Accepted Answer

B) 11ea8a42_4f72_0b19_8b44_2bacd51bb56f_TB5024_00

Elmore Company Uses the Direct Method to Prepare Its Statement