In Flagg Company , net income is $ 280,000 . If accounts receivable increased $ 145,000 and accounts payable decreased $ 50,000 , net cash provided by operating activities using the indirect method is :
$ 475,000 . $ 185,000 . $ 85,000 . $ 375,000 . 14- Multiple Choice Question 56
The category that is generally considered to be the best measure of a company ’ s ability to continue as a going concern is
usually different from year to year . cash flows from operating activities . cash flows from investing activities . cash flows from financing activities . 15- Multiple Choice Question 150 Financing activities involve cash receipts from sales of goods and services . acquiring and disposing of productive long-lived assets . lending money to other entities and collecting on those loans . long-term liability and owners ’ equity items .