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

question 54

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 cash flows from operating activities to be reported on the statement of cash flows is

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

---

Definitions:

Urine Specimen

A sample of urine collected for the purpose of medical testing and diagnosis.

Drug Or Alcohol Analysis

A process of testing biological samples to identify the presence and concentration of drugs or alcohol in the body.

Stool Sample

A sample of feces collected for medical testing to diagnose the presence of infections, digestive problems, or other health issues.

Patient Collection

The process of gathering specimens or samples from patients for the purpose of diagnostic testing, such as blood or urine samples.