The Following Statement of fiNancial Position and Statement of Comprehensive

question 235

Multiple Choice

The following statement of financial position and statement of comprehensive income should be used. How will Woodburn's accounts receivable appear on the statement of cash flows for 2015($ in
Thousands) ?

• A) $40 operating activity cash outflow.
• B) $40 investment activity cash outflow.
• C) $40 operating activity cash inflow.
• D) $40 investment activity cash inflow.
• E) $40 financing activity cash inflow.

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