Flynn Corporation Had the Following Cash Flows for the Current

question 112

Multiple Choice

Flynn Corporation had the following cash flows for the current year.The company uses the direct method in preparing the statement of cash flows.

-Use the information above to answer the following question.If the cash balance at the beginning of the current year was $0,what is the amount of cash at the end of the year?

• A) $112,500
• B) $425,000
• C) $737,500
• D) $311,500