S&C's Records Show Accounts Receivable Amounted to $215,000 at the Beginning

question 27

Multiple Choice

S&C's records show 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:

• A)$330,000.
• B)$270,000.
• C)$300,000.
• D)$315,000.

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