indirect method. working capital method 6- Multiple Choice Question 93
In developing the cash flows from operating activities, most companies in the U. S.
prepare the operating activities section on the accrual basis. use the direct method. use the indirect method. present both the indirect and direct methods in their financial reports. 7- Multiple Choice Question 71
Carrot Company issued common stock for proceeds of $ 381,000 during 2013. The company paid dividends of $ 90,000 and issued a long-term note payable for $ 95,000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $ 18,000. The financing section of the statement of cash flows will report net cash inflows of
$ 489,000. $ 183,000. $ 363,000. $ 273,000 8-