Darling Enterprises' Comparative Balance Sheets Included Accounts Receivable of $220,300

question 82

Multiple Choice

Darling Enterprises' comparative balance sheets included accounts receivable of $220,300 at December 31,2013,and $200,900 at December 31,2014.Sales reported on Darling's
2014 income statement amounted to $2,350,000.What is the amount of cash collections
That Darling will report in the Operating Activities category of its 2014 statement of
Cash flows assuming that the direct method is used?

• A)$2,369,400
• B)$2,350,000
• C)$2,771,200
• D)$2,330,600

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