Empire Company uses the indirect method to prepare its statement of cash flows.The following information has been gathered for the current period: Solely on the basis of the above information,Empire's net cash flow from operating activities is:
A)$338,000.
B)$428,000.
C)$343,000.
D)$358,000.

Question

Empire Company uses the indirect method to prepare its statement of cash flows.The following information has been gathered for the current period:  Solely on the basis of the above information,Empire's net cash flow from operating activities is:
A)$338,000. 
B)$428,000. 
C)$343,000. 
D)$358,000.

Quizplus · Accepted Answer

The Answer of Empire Company uses the indirect method to prepare its statement of cash flows.The following information has been gathered for the current period:  Solely on the basis of the above information,Empire's net cash flow from operating activities is:
A)$338,000. 
B)$428,000. 
C)$343,000. 
D)$358,000.

Empire Company Uses the Indirect Method to Prepare Its Statement