Avatar Company Uses the Direct Method to Prepare Its Statement

question 156

Multiple Choice

Avatar Company uses the direct method to prepare its statement of cash flows. Please refer to the following financial statement information for the year 2014:
-On Avatar's statement of cash flows, using the direct method, what amount will be shown for total cash receipts?

• A) $240,000
• B) $245,000
• C) $244,000
• D) $241,000

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Portable electronic devices with computing capabilities, such as smartphones and tablets.

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