Use the Following Information for Questions

question 53

Multiple Choice

Use the following information for questions.
Oswald Ltd.has recently decided to go public and has hired you as their independent accountant.They wish to adhere to IFRS and know that they must prepare a statement of cash flows.Their financial statements for 2017 and 2016 are provided below: The following additional data were provided for calendar 2017:
-On a statement of cash flows for calendar 2017, the cash received from customers is

• A)$1,068,000.
• B)$1,055,000.
• C)$1,050,000.
• D)$1,032,000.

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Assess

To evaluate or estimate the nature, ability, or quality of someone or something.

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The process of exchanging information and feelings between individuals through verbal and non-verbal methods.

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