Accounts Receivable Amounted to $215,000 at the Beginning of the Year

question 110

Multiple Choice

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)$300,000.
• B)$330,000.
• C)$270,000.
• D)None of these answers are correct.

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