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Accounts receivable arising from sales to customers amounted to
$45,000 and $50,000 at the beginning and end of the year,
respectively. Income reported on the income statement for the
year was $160,000. Exclusive of the effect of other adjustments,
the cash flows from operating activities to be reported on the
statement of cash flows is
$205,000.
$155,000.
$165,000.
$160,000
10-
Multiple Choice Question 120
The statement of cash flows will not provide insight into
whether cash flow is greater than net income.
why dividends were not increased.
the exact proceeds of a future bond issue.
how the retirement of debt was accomplished.
11-
Multiple Choice Question 83
Which one of the following items is not necessary in preparing a
statement of cash flows?
Determine the cash in all bank accounts
Determine the change in cash
Determine the cash provided by operations