Discuss the cash flows from operating activities


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?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Discuss the cash flows from operating activities
Reference No:- TGS0677651

Expected delivery within 24 Hours