Stillwater Inc.reported the following information for Year 1 and Year 2:
If Stillwater Inc.uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash flows from operating activities for Year 2?

A) $49,000
B) $55,000
C) $57,000
D) $59,000

Question

Stillwater Inc.reported the following information for Year 1 and Year 2: 
If Stillwater Inc.uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash flows from operating activities for Year 2?

A) $49,000 
B) $55,000 
C) $57,000 
D) $59,000

Quizplus · Accepted Answer

11ea8a4c_4949_eaf7_a0e6_81ab402eb37a_TB5550_00