The Following Data Is Provided for Last Year: Net Income

question 86

Multiple Choice

The following data is provided for last year: Net income was $210,000. Current receivables and prepaid expenses increased by $10,000 and $2,000, respectively. Current payables decreased by $8,000. Under the indirect method, the cash flows from operating activities would be:

• A)$214,000.
• B)$190,000.
• C)$206,000.
• D)$230,000.

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