Avatar Company Uses the Indirect Method to Prepare Its Statement

question 57

Multiple Choice

Avatar Company uses the indirect method to prepare its statement of cash flows. Please refer to the following portion of the comparative balance sheet: Additional information provided:
Based on the above information only, what amount of net cash flow would be shown in the financing section of the statement of cash flows?

• A)$6,000 negative
• B)$6,000 positive
• C)$5,000 positive
• D)$7,000 negative

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Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

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The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

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