Gilmore Company Uses the Direct Method to Prepare Its Statement

question 49

Multiple Choice

Gilmore Company uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2018:


Use the direct method,to compute the net cash provided by operating activities.(Accrued Liabilities relate to other operating expense. )

• A)$(55,700)
• B)$39,700
• C)$(39,700)
• D)$55,700

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