Accounts Receivable from Sales to Customers Amounted to $40,000 and $32,000

question 18

Multiple Choice

Accounts receivable from sales to customers amounted to $40,000 and $32,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $110,000. Exclusive of the effect of other adjustments, the net cash flows from operating activities to be reported on the statement of cash flows using the indirect method is

• A) $118,000
• B) $110,000
• C) $102,000
• D) $150,000

---

Definitions:

Structural Isomers

Molecules that have the same molecular formula but differ in the arrangement of atoms.

Geometric Isomers

Molecules that have the same formula and sequence of bonded atoms, but differ in the three-dimensional orientations of their atoms in space.

Enantiomers

Two isomeric chemical compounds that are mirror images.

Carotenoids

A group of yellow to orange plant pigments synthesized from isoprene subunits; include carotenes and xanthophylls.