Accounts Receivable Resulting from Sales to Customers Amounted to $40,000

question 100

Multiple Choice

Accounts receivable resulting from sales to customers amounted to $40,000 and $31,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $120,000. Exclusive of the effect of other adjustments, the net cash flows from operating activities to be reported on the statement of cash flows using the indirect method is

• A) $120,000
• B) $129,000
• C) $151,000
• D) $111,000

---

Definitions:

Resistance

The act of rejecting or not agreeing with something, striving to stop it through actions or reasoning.

Associated Feelings

Emotions that are linked or connected to particular thoughts, memories, or experiences.

Work Through

A psychological term for the process of dealing with one's issues or problems in a thorough and effective manner, often used in therapy.

Free Association

A psychoanalytic process in which the patient speaks freely to reveal the unconscious thoughts and feelings that influence behaviors.