Wellington Inc

question 124

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:
- 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

---

Definitions:

Dermis

The layer of skin beneath the epidermis, containing nerve endings, sweat glands, and blood vessels.

Melanin

A natural pigment found in most organisms, responsible for the color of skin, hair, and eyes, and protection against UV radiation.

Albinism

A genetic condition marked by the absence of melanin pigment in the skin, hair, and eyes, leading to light pigmentation and vision problems.

Cyanosis

A bluish discoloration of the skin and mucous membranes due to the presence of deoxygenated hemoglobin in blood vessels near the skin surface.