Avatar Company Uses the Indirect Method to Prepare the Statement

question 1

Multiple Choice

Avatar Company uses the indirect method to prepare the statement of cash flows. Please refer to the following income statement: Other information provided:
How much is the Net cash flow provided by operations?

• A)$20,000 positive
• B)$75,000 positive
• C)$32,000 positive
• D)$82,000 positive

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Definitions:

Good-News Announcements

These are communications designed to share positive information or updates within an organization or to external stakeholders.

News Media

The sector of the media that focuses on presenting current news to the public, including newspapers, television, radio, and online platforms.

Routine Request

A common or standard inquiry or petition, often made as part of regular operations or procedures.

Overtime Details

Information or specifics regarding the amount of time worked that exceeds the standard working hours, often subject to additional pay.