Accounts Receivable Arising from Sales to Customers Amounted to $40000

question 73

Multiple Choice

Accounts receivable arising from sales to customers amounted to $40000 and $55000 at the beginning and end of the year respectively. Income reported on the income statement for the year was $180000. Exclusive of the effect of other adjustments the cash flows from operating activities to be reported on the statement of cash flows is

• A) $180000.
• B) $195000.
• C) $220000.
• D) $165000.

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Definitions:

Class Definition

In programming, it specifies the structure, methods, and attributes of an object as the blueprint from which individual instances are created.

Sarcasm, Wit, Or Irony

Forms of humor or figures of speech where the intended meaning is the opposite of the words used, often to mock or convey contempt subtly.

Satire

A genre of literature, graphic, or performing arts that uses humor, irony, exaggeration, or ridicule to expose and criticize people's stupidity or vices, particularly in the context of contemporary politics and other topical issues.

Foolishness

A lack of good sense or judgment; imprudence.