Table 17-7 The Accounting Records of McKal Chocolates Ltd. Reveal the Following

question 179

Multiple Choice

Table 17-7
The accounting records of McKal Chocolates Ltd. reveal the following:

-Refer to Table 17-7.Assume that McKal Chocolates Ltd.used the direct-method to prepare their cash flow statement.What would be the net cash flow from financing activities?

• A) ($135,900)
• B) ($145,900)
• C) ($140,900)
• D) ($10,000)

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