Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. accounts receivable from sales transactions were $

Accounts receivable from sales transactions were $47,156 at the beginning of the year and $68,007...

80.2K

Verified Solution

Question

Accounting

Accounts receivable from sales transactions were $47,156 at the beginning of the year and $68,007 at the end of the year. Net income reported on the income statement for the year was $127,312. Exclusive of the effect of other adjustments, the net cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method would be

a.$127,312

b.$20,851

c.$106,461

d.$148,163

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Part A How many moles of HF (Ka=6.8×10−4) must be added to water to form 0.230 L...

Advance Math
1.2K views

Reflect on the concept of polynomial and rational functions. What concepts (only the names) did you...

Biology
1.2K views

Grade Results Which of the following is the gradient for the following graph Pressure 1...

Basic Math
1.2K views

Let 0 arcsin then O 0 0 0 and sin0 and sin0 3 5 0...

Basic Math
1.2K views

In the braces below, list all subsets of the set {g, f, e). Write each...

Basic Math
1.2K views

Find the following for the function f(x) = 4x + 2x - 4.(a) f(0)(b) f(4)(c)...

Statistics
1.2K views

7 17 Significance from a Table A test of Ho 0 against Ha 0 has...

Accounting
1.2K views

What would be the reason why LIFO is no longer allowed as an inventory accounting...

Accounting
1.2K views

Stolton and Bright are partners in a business they started two years ago. The partnership...

Accounting
1.2K views

question 6.2 a-d Se de during 2020, and to sa D SE housekeeping G...

Finance
1.2K views

Fifteen years ago, Roop Industries sold $400 million of convertible bonds. The bonds had a...

Accounting
1.2K views

I need explanation about the exercise