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Wellington Inc

question 65

Multiple Choice

Wellington Inc. uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2015: Wellington Inc. uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2015: On Wellington's statement of cash flows, using the direct method, what amount will be shown for total cash receipts from operating activities? A) $267,000 B) $299,300 C) $253,000 D) $254,000 Wellington Inc. uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2015: On Wellington's statement of cash flows, using the direct method, what amount will be shown for total cash receipts from operating activities? A) $267,000 B) $299,300 C) $253,000 D) $254,000 On Wellington's statement of cash flows, using the direct method, what amount will be shown for total cash receipts from operating activities?

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