Accounts Receivable Amounted to $215,000 at the Beginning of the Year

question 97

Short Answer

Accounts receivable amounted to $215,000 at the beginning of the year and $245,000 at the end of the year. Income reported on the income statement for the year was $300,000. The cash flow from operating activities on the cash flow statement using the indirect method is __________.

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Definitions:

Internal Pool Recruitment

The process of filling job vacancies within an organization by considering current employees for promotion or transfer to the open positions.

Bank Manager

An individual responsible for overseeing the daily operations of a bank branch, ensuring financial stability, and providing customer service.

Gender Stereotyping

The practice of ascribing to an individual woman or man specific attributes, characteristics, or roles by reason only of her or his membership in the social group of women or men.

Gender

A social construct that involves a range of identities that do not necessarily correspond to established ideas of male and female.