Accounts Receivable Arising from Sales to Customers Amounted to $85,000

question 59

Multiple Choice

Accounts receivable arising from sales to customers amounted to $85,000 and $75,000 at the beginning and end of the year, respectively.Income reported on the income statement for the year was $285,000.Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

• A)$285,000.
• B)$295,000.
• C)$445,000.
• D)$275,000.

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