Empire Company Uses the Indirect Method to Prepare Its Statement

question 81

Multiple Choice

Empire Company uses the indirect method to prepare its statement of cash flows. The following information has been gathered for the current period: Solely on the basis of the above information, Empire's net cash flow from operating activities is:

• A) $338,000.
• B) $428,000.
• C) $355,000.
• D) $343,000.

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