Accounts Receivable Arising from Sales to Customers Amounted to $62,000

question 72

Multiple Choice

Accounts receivable arising from sales to customers amounted to $62,000 and $40,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $215,000. Exclusive of the effect of other adjustments, the cash inflows from operating activities to be reported on the statement of cash flows are

• A) $213,000.
• B) $215,000.
• C) $193,000.
• D) $237,000.

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Definitions:

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A predefined set of colors, fonts, and effects that can be applied to a presentation to ensure a consistent and professional look.

Drawing Object

A graphical element, such as a shape or picture, that can be inserted and manipulated within a digital document or presentation.

Color Cast

An overall tint of a particular color in a photograph or video image, often unintended and considered a flaw.

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